Ferchem Masr’s payout record date on April 25th

Updated 4/25/2021 10:51:32 AM

ArabFinance: The Egyptian Exchange said that today, April 25th, is the record date for Ferchem Masr for Fertilizers and Chemicals’ (FERC) annual cash dividends, according to a reminder statement released on April 7th

The company will distribute on April 28th cash dividends of EGP 1 per share, the statement highlighted.

The listed company posted a net profit of EGP 22.96 million in 2020, compared to EGP 25.68 million in 2019.

Founded in 2001 as a leading joint-stock company, Ferchem Masr is specialized in the blended phosphate fertilizer industry and soluble fertilizers were added later to support the industry.