Mubasher TV
Contact Us Advertising   العربية

Qatar Oman OGM approves 8% dividends

Qatar Oman OGM approves 8% dividends
Photo Credit: Arabianeye-Reuters
Qatar Oman
QOIS
-0.78% 0.89 -0.01

 

Qatar – Mubasher: Qatar Oman Investment Co. announced that its ordinary general meeting (OGM) approved the recommended cash dividend for 2014, amounting to 8% of capital or 80 dirhams per share.

The OGM also discussed the auditors’ report and the profit and loss account for the company for 2014, the filing to the Qatar Exchange (QE) revealed.

The company reported a 30% growth in its profits for 2014, reaching QAR 26 million compared to QAR 20 million in 2013.

Qatar Oman’s capital amounts to QAR 315 million divided on 31.5 million shares at par value of QAR 10 per share.