Kafr el Zayat Pesticides announces payout date of EGP 2.5/share

Updated 4/4/2021 12:41:00 PM

ArabFinance: Kafr el Zayat Pesticides and Chemicals Company (KZPC) will distribute annual cash dividends of EGP 2.50 per share on April 27th, according to the company’s April 4th statement filed to the Egyptian Exchange.

The company stated the dividend will be disbursed to the shareholders recorded on April 22nd.

In 2020, the company achieved a consolidated net profit of EGP 27.29 million.

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.