Abu Qir Fertilizers unveils record date of dividends payment

Egypt - Abu Qir Fertilizers and Chemicals Industries Company (ABUK) will pay cash dividends worth EGP 1.30 per share to shareholders for fiscal year (FY) 2020/2021, according to a statement filed to the Egyptian Exchange (EGX).

The dividends will be paid in two installments; the first installment valued at EGP 0.30 per share to be paid on October 21^st, 2021, while the second worth EGP 1.0 per share will be paid on December 30^th, 2021.

The eligibility for shareholders in the dividend payment will be on a record date of October 17^th, 2021.

It is worth noting that Abu Qir Fertilizers posted a net profit of EGP 3.516 billion in FY 2020/2021, compared to EGP 2.695 billion in FY 2019/2020.

Abu Qir Fertilizers is an Egypt-based company engaged in the agricultural chemicals sector. The company focuses on the production, distribution, and export of fertilizers, chemicals, and related products.