Arab Finance: Upper Egypt Mills Company (UEFM) will pay cash dividends worth EGP 11 per share to shareholders for fiscal year (FY) 2021/2022 as of November 30th, according to a filing to the Egyptian Exchange (EGX) on November 13th.

The eligibility in dividends distribution will be for shareholders on a record date of November 27^th.

It is worth noting that the company recorded a net profit after tax of EGP 150.14 million in FY 2021/2022, compared to EGP 147.11 million in FY 2020/2021.

Upper Egypt Mills is an Egypt-based company that operates in the manufacturing, processing, import, export, warehousing, and distribution of different types of grains and grain derivatives.