Middle Egypt Flour Mills unveils date of dividends payment
Updated 11/28/2021 9:42:00 AM
ArabFinance: Middle Egypt Flour Mills Company (CEFM) released a reminder on the distribution of EGP 3.25 per share cash dividends to shareholders for fiscal year (FY) 2020/2021, according to a statement filed to the Egyptian Exchange (EGX).
The cash dividends will be paid on December 1st, 2021, with the eligibility for shareholders on November 28, 2021.
It is worth noting that Middle Egypt Flour Mills posted a net profit after tax of EGP 25.96 million in the first quarter (Q1) of fiscal year (FY) 2021/2022, versus a profit of EGP 24.23 million in Q1 FY 2020/2021.
Middle Egypt Flour Mills, a member of the Holding Company for Food Industries, is engaged in the manufacture, trade, import, export, packaging, warehousing, and distribution of grains and related products.
