Middle and West Delta Flour Mills releases reminder on dividend payment date

Updated 11/21/2021 9:13:08 AM

ArabFinanceMiddle and West Delta Flour Mills (WCDF) released a reminder of the cash dividend payment's date, according to a filing to the Egyptian Exchange (EGX).

The company will distribute cash dividends worth EGP 13 per share to shareholders for fiscal year (FY) 2020/2021.

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.