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Misr Chemical Industries unveils dividends for FY23/24

Misr Chemical Industries unveils dividends for FY23/24
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Misr Chemical Industries
MICH
-0.47% 33.59 -0.16

Cairo - Mubasher: The ordinary general meeting (OGM) of Misr Chemical Industries greenlighted cash dividends of EGP 4 per share for the fiscal year (FY) 2023/2024.

The shareholders approved the board’s dividends proposal on 28 September 2024, according to a bourse filing.

In March, the EGX-listed firm increased it issued and paid-up capital to EGP 438.75 million by granting half a free share for every original share funded from the profits of FY22/23.