Egypt's Arab Drug unveils date of dividends payment
The dividends will be paid on November 10, with the eligibility to shareholders of record date on November 7, 2021
A trader works at the Egyptian stock exchange in Cairo, Egypt, December 3, 2015.
REUTERS/Mohamed Abd El Ghany
By Staff Writer, Arab Finance
Egypt - The Arab Drug Company (ADCI) announced that it will distribute cash dividends worth EGP 5 per share to shareholders for fiscal year (FY) 2020/2021, according to a recent filing to the Egyptian Exchange (EGX).
The dividends will be paid on November 10th, with the eligibility to shareholders of record date on November 7th, 2021.
It is worth noting that the company posted a net profit of EGP 102.063 million in FY 2020/2021, compared to profit of EGP 92.800 million in FY 2019/2020.
Arab Drug is an Egypt-based company engaged in the pharmaceutical sector. The company focuses on the manufacture, packaging, and distribution of pharmaceutical products as well as chemical solutions for human and veterinary use.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
Get Zawya's daily newsletter for insightful and exclusive Middle East perspectives on business and finance. SUBSCRIBE NOW