Alexandria Flour Mills to pay EGP 0.40/share dividends in November

Updated 10/30/2022 1:33:00 PM

Arab FinanceAlexandria Flour Mills (AFMC) will distribute cash dividends worth EGP 0.40 per share to shareholders for fiscal year (FY) 2021/2022, according to a statement filed to the Egyptian Exchange (EGX) on October 30.

The dividends will be paid as of November 20th, with eligibility in distribution for shareholders on a record date of November 15th.

In FY 2021/2022, the company reported a net profit after tax of EGP 37.026 million, up from EGP 18.117 million in FY 2020/2021.

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.