Arab Finance: Abu Qir Fertilizers and Chemicals Industries Company (ABUK) will distribute cash dividends worth EGP 7 per share for fiscal year (FY) 2022/2023 in three installments, according to a filing sent to the Egyptian Exchange (EGX) on October 23rd.
The first installment, worth EGP 2 per share, will be paid to shareholders on October 26th, whereas the second installment, amounting to EGP 3 per share, will be disbursed on December 28th.
The third installment of EGP 2 will be paid on January 31st, 2024.
The eligibility in cash payment to shareholders will be on a record date of October 23rd.
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.