EGX releases reminder of Kafr el Zayat Pesticides' dividend payment date

The company will distribute on April 27th cash dividends

  
The Egyptian Exchange bell is seen at the stock exchange in Cairo, Egypt February 6, 2018. Image used for illustrative purpose.

The Egyptian Exchange bell is seen at the stock exchange in Cairo, Egypt February 6, 2018. Image used for illustrative purpose.

REUTERS/Amr Abdallah Dalsh

ArabFinance: The Egyptian Exchange said that today, April 22nd, is the record date for Kafr el Zayat Pesticides and Chemicals Company’s (KZPC) annual cash dividends, according to a reminder statement released on April 12th.

The company will distribute on April 27th cash dividends of EGP 2.50 per share, the statement highlighted.

In 2020, the company achieved a consolidated net profit of EGP 27.29 million.

Kafr el Zayat is an Egypt-based company that produces and sells formulations, such as pesticides, insecticides, fungicides, herbicides, rodenticides, and fertilizers to the agricultural and hygienic sectors in Egypt.

The company’s subsidiaries include Kafr el Zayat International for Pesticides and Chemicals, Organic Biotechnology company, and Chemi Company.

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