Doha – Mubasher: Salam International Investment’s ordinary general meeting (OGM) has approved the distribution of cash dividends of QAR 0.80 per share (8% of the paid-up capital) for fiscal year 2016.

The OGM also approved the company’s balance sheets and profit & loss statement for the year 2016, according to a bourse filing released on Monday.

By 10:35 Doha time, the stock topped losers after falling 8.14% to QAR 10.95 as 265,800 shares were exchanged at QAR 2.9 million.