Arab Drug release reminder on dividend payment date
Updated 11/7/2021 11:00:00 AM
ArabFinance: The Arab Drug Company (ADCI) released a reminder regarding the dividend distribution date, according to a filing to the Egyptian Exchange (EGX).
The will distribute cash dividends worth EGP 5 per share to shareholders for fiscal year (FY) 2020/2021.
The dividends will be paid on November 10th, with the eligibility to shareholders of record date on November 7th, 2021.
It is worth noting that the company posted a net profit of EGP 102.063 million in FY 2020/2021, compared to profit of EGP 92.800 million in FY 2019/2020.
Arab Drug is an Egypt-based company engaged in the pharmaceutical sector. The company focuses on the manufacture, packaging, and distribution of pharmaceutical products as well as chemical solutions for human and veterinary use.
