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Islamic Holding’s OGM approves 15% cash dividends

Islamic Holding’s OGM approves 15% cash dividends
Islamic Holding Group’s ordinary general meeting
Inma Holding
IHGS
-1.11% 4.28 -0.05

Doha – Mubasher: Islamic Holding Group’s shareholders approved on Tuesday in the company’s ordinary general meeting (OGM) a proposal to distribute cash dividends at 15% or QAR 1.5 per share for the fiscal year 2015.

The company’s profit declined last year by 62% to QAR 6.11 million from QAR 16.1 million in 2014.

Earnings per share reached QAR 1.53 in 2015, versus QAR 4.02 in 2014.