Nile Pharma releases reminder on dividend payment date

Updated 11/7/2021 10:14:05 AM

ArabFinanceEl Nile Company for Pharmaceuticals and Chemical Industries (Nile Pharma) (NIPH) released a reminder on the cash dividend distribution date, according to a filing to the Egyptian Exchange (EGX).

The company will distribute cash dividends worth EGP 2 per share to shareholders for fiscal year (FY) 2020/2021.

The dividends will be paid on November 10th, 2021, with the eligibility to shareholders of record date on November 7th, 2021.

It is worth Nile Pharma previously reported a net profit of EGP 66.426 million in FY 2020/2021, compared to EGP 93.384 million in FY 2019/2020.

Nile Pharma manufactures and markets pharmaceuticals, various types of medical materials, chemical products, and cosmetics, as well as surgical threads and medical solutions.