El Ezz Dekheila Steel to pay EGP 60/share dividends in May
Updated 5/25/2022 10:33:00 AM
Arab Finance: El Ezz Dekheila Steel – Alexandria (EZDK) (IRAX) will distribute cash dividends of EGP 60 per share for the full year ended December 31st 2021, according to a bourse filing on May 25th.
The dividends will be paid as of May 30th, with the eligibility in distribution to shareholders until the trading session of May 25th.
This came as per the decision of the company’s ordinary general meeting (OGM), which was held on April 20th.
In 2021, the company had turned to profitability, recording a consolidated net profit attributable to the parent company of EGP 5.81 billion, versus a net loss of EGP 4.68 billion in 2020.
El Ezz Dekheila Steel is an Egypt-based company engaged in the manufacture and production of steel in different types and forms.
The company’s direct subsidiaries include Al Ezz Steel Sheet Manufacturing Company, Steel Company for Industry, and Trade and Contracting Company, which is focused on the manufacture and trade of all types of metal and metal products.
