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Al Tahdith shareholders OK 2% dividends

Al Tahdith shareholders OK 2% dividends
Photo Credit: Arabianeye-Reuters
Al Tahdith
THDI
0.00% 0.77 0.00

Amman-Mubasher: Al Tahdith for Real Estate Investments shareholders approve to distribute a cash dividend representing 2% of the capital, according to a filing to Qatar Stock Exchange (QSE).

The Qatar-listed firm’s retained earnings before dividends exceeded JOD 3.13 million by the end of 2014.

Al Tahdith reported a decline in Q1-15 profit to JOD 49,500, compared to JOD 20,700 during the same period of 2014.

The company’s capital amounts to JOD 2.3 million, distributed on 2.3 million shares at JOD 1 par value each.