< Arab Finance - News - Upper Egypt Mills reveals dividends’ payment date
Count Down to relaunch



Upper Egypt Mills reveals dividends’ payment date

Upper Egypt Mills reveals dividends’ payment date

ArabFinanceUpper Egypt Mills Company (UEFM) announced that the eligibility in the distribution of cash dividend worth EGP 10 per share will be to shareholders of record date on November 30th, 2021, according to a statement filed to the Egyptian Exchange (EGX).

The dividends will be paid to shareholders on December 5th, 2021.

Earlier this month, the ordinary general meeting (OGM) of Upper Egypt Mills approved the distribution of cash dividend worth EGP 10 per share to shareholders for fiscal year (FY) 2020/2021.

It is worth noting that it achieved a consolidated net profit after tax of EGP 147.11 million in FY 2020/2021, compared to a profit of EGP 143.67 million in FY 2019/2020.

Upper Egypt Mills is primarily involved in the manufacturing, processing, import, export, warehousing, and distribution of different types of grains and grain derivatives. It holds a majority stake of 54.5% in a flour milling company and Kings Valley Mills Company.

 

#Related keywords

'

Recommended Stocks

13 Jun 2022
Delta Sugar SUGR
Close
10.96
Change
01.86
Hold

All rights reserved to Arab Finance 2020 ©

Back to top