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QEWC's board OKs QAR 7.75/shr dividends for 2017

QEWC's board OKs QAR 7.75/shr dividends for 2017
QEWC’s profits rose 4.8% to QAR 1.61 billion in 2017
Electricity & Water
QEWS
-0.12% 16.24 -0.02

Mubasher: Qatar Electricity & Water Company (QEWC) on Tuesday announced that the ordinary and extraordinary general assembly approved distributing 77.5% of the share par value in cash dividends for the year ended 31 December 2017, which equals QAR 7.75 per share, according to a bourse statement.

QEWC’s profits rose 4.8% to QAR 1.61 billion in 2017 from QAR 1.54 billion a year earlier.