Sidi Kerir discloses dividends payment date for 2022
Updated 4/27/2023 10:15:00 AM
Arab Finance: Sidi Kerir Petrochemicals Company’s (Sidpec) has decided to distribute cash dividends of EGP 0.90 per share to shareholders for 2022 as of May 17th, according to a disclosure on April 27th.
The dividends will be paid via two installments worth EGP 0.50 and EGP 0.40 per share each.
The first installment will be received on May 17th, while the second will be paid on October 4th.
The eligibility in distribution will be for shareholders on record date of May 14th.
It is worth mentioning that the firm recorded a 131.40% year-on-year (YoY) surge in net profit after tax for 2022.
Established in 1997 and listed on EGX in 2005, Sidpec operates within the materials sector focusing on commodity chemicals. It has subsidiaries operating across Egypt, working on textiles and oil and gas refining.
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