Mubasher: Qatari Investors Group on Thursday announced that its shareholders had approved distributing a cash dividend of 7.5% of the share’s nominal value, or QAR 0.75 per share, for 2018 during an ordinary general meeting (OGM) held in the previous day.
Shareholders also approved the board’s report on the company’s 2018 activities and financial position and 2019 business plan, according to the company’s statement to the Qatar Stock Exchange (QSE) on Thursday.
Meanwhile, the extraordinary general meeting (EGM) approved to amend the share’s nominal value in accordance with the decisions of the Qatar Financial Markets Authority (QFMA).
The Qatari firm’s profits retreated 18.6% to QAR 205.88 million in 2018, compared to QAR 253.06 million in the prior year.
