Alexandria Flour Mills’ OGM nods to dividends payment

Updated 11/8/2021 3:45:23 PM

ArabFinanceAlexandria Flour Mills (AFMC) announced that its ordinary general meeting (OGM) has approved the cash dividends payment of EGP 0.20 per share to shareholders for fiscal year (FY) 2020/2021, according to a statement filed to the Egyptian Exchange (EGX).

The total value of the proposed dividends amounts to EGP 6.57 million, the statement added.

Alexandria Flour Mills is an Egypt-based company that operates in the manufacture, trade, import and export, storage, fumigation and maintenance, packaging, processing, and distribution of grain and its substitutes.