Cairo – Mubasher: Edita Food Industries Company on Sunday announced that shareholders' rights in the company's bonus distributions will end on 23 April, at EGP 0.15 per share.
Payment of the coupon will start on 27 April 2017 through Misr for Central Clearing, Depository and Registry Company, Edita said in a statement to Egyptian Exchange (EGX).
The company’s ordinary general meeting (OGM) on Tuesday approved distributing cash dividends of EGP 0.15 per share for the fiscal year ended on 31 December 2016.
Cash dividends will total around EGP 108.7 million for 2016, it said.
Edita's consolidated annual profits fell 54.65% to EGP 168.17 million, compared to EGP 370.90 million in 2015.
The company’s stock ended Thursday’s trading session down, declining 4.91% to EGP 17.03.
