Doha – Mubasher: Qatari Investors Group said its shareholders gave the go-ahead on Wednesday, 22 February, to the proposed 10% cash dividends, equivalent to QAR 1 per share, for the fiscal year 2016.

Total recommended dividends stand at QAR 124.3 million for FY16, according to a statement.

The company’s capital amounts to QAR 1.243 billion, distributed on 124.3 million shares at QAR 10 per share.

The company turned profitable after generating QAR 277.045 million in 2016, against net losses of QAR 251.96 million a year earlier.