Egypt's Ezz Dekheila to pay 35 Eg pounds dividend

CAIRO, March 29 (Reuters) - Egypt's Ezz Dekheila Steel (IRAX.CA: Quote) will pay a cash dividend of 35 Egyptian pounds ($6.21) per share to shareholders as of April 12, the stock exchange said on Sunday.

The dividend will be payable from April 15, according to the statement from the stock exchange.

Shares in the company were trading 3.27 percent higher at 660 pounds per share by GMT 1135.

The firm, which is a subsidiary of Ezz Steel (ESRS.CA: Quote)(AEZDq.L: Quote), reported net profit of 2.97 billion Egyptian pounds in 2008. ($1 = 5.6372 Egyptian pounds) (Writing by Aziz El-Kaissouni; Editing by Rupert Winchester)