Middle and West Delta Flour Mills to pay dividends for FY 2020/2021
Updated 11/4/2021 3:19:36 PM
ArabFinance: Middle and West Delta Flour Mills (WCDF) decided to distribute cash dividends worth EGP 13 per share to shareholders for fiscal year (FY) 2020/2021, according to a filing to the Egyptian Exchange (EX).
The dividends will be paid on November 24th, 2021, with the eligibility to shareholders of record date on November 21st, 2021.
It is worth noting that the company’s net profit after tax jumped by 107% year-on-year surge in Q1 FY 2021/2022 to EGP 31.33 million from EGP 29.66 million.
The EGX-listed company is engaged in the manufacture, processing, import, export, warehousing, and distribution of different types of grains and derivatives.
