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Mopco shareholders OK EGP 2/shr dividends

Mopco shareholders OK EGP 2/shr dividends
(Photo credit: Company's website)
Mopco
MFPC
-0.80% 51.86 -0.42

Cairo - Mubasher: Misr Fertilizers Production Company’s (Mopco) ordinary general meeting (OGM) has approved to distribute cash dividends of EGP 2 per share for fiscal year 2016.

The OGM also adopted the financial statements for the year ended 31 December 2016, in addition to the board's and auditors' reports on the year, according to a bourse filing.

By 10:59 am Cairo time, the stock declined 5.93% to EGP 68.5.