Oriental Weavers to issue Dividend of 0.4 Egyptian pounds per Share

Egypt’s largest carpet-maker Oriental Weavers will pay a dividend of 0.4 Egyptian pounds (US$0.05) a share, the company said on Wednesday in a statement to the bourse.

The world’s biggest machine-woven carpet maker company last month reported a 2014 net profit of 377.47 million pounds, up from 369.21 million a year earlier.