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Kafr El Zayat Pesticides unveils dividends payment dates

Kafr El Zayat Pesticides unveils dividends payment dates

ArabFinanceKafr El Zayat Pesticides (KZPC) announced the payment date of the EGP 4 per share cash dividend to be paid on April 27th, with the eligibility in dividends distribution to shareholders until April 20th‘s trading session, according to a filing to the Egyptian Exchange (EGX) on April 5th.

On March 29th, the company revealed that its ordinary general meeting (OGM) approved the board of directors’ proposal to distribute dividends worth EGP 4 per share for the full year ending on December 31st 2021.

It is worth noting that the company recorded a consolidated profit attributable to the parent company of EGP 72.745 million in 2021, compared to EGP 27.297 million in 2020.

Kafr el Zayat is an Egypt-based company that produces and sells formulations, such as pesticides, insecticides, fungicides, herbicides, rodenticides, and fertilizers to the agricultural and hygienic sectors in Egypt.

The company’s subsidiaries include Kafr el Zayat International for Pesticides and Chemicals, Organic Biotechnology company, and Chemi Company.

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