Egypt's Oriental Weavers to issue dividend of 0.4 pounds per share

Egypt's Oriental Weavers , will pay a dividend of 0.4 Egyptian pounds ($0.05) a share, the world's biggest machine-woven carpet maker said on Wednesday in a statement to the bourse.

The company last month reported a 2014 net profit of 377.47 million pounds, up from 369.21 million a year earlier.