Mubasher: Al Meera Consumer Goods Company (Al Meera) on Thursday announced that it begins distributing cash dividends for 2017 starting from Thursday 29 March 2018.

Al Meera’s board recommended distributing 85% of the share's par value with a per-share dividend of QAR 8.5.   

The dividends will be paid to the shareholders registered in records on 27 March, according to a filing to the Qatar Stock Exchange (QSE).

All shareholders will be able to receive their dividends at all branches of Qatar National Bank (QNB).  

As for the full-year 2017, Al Meera’s profits declined 2.57% to QAR 194.05 million, compared to QAR 199.16 million a year earlier.

By 11:10 am Qatar time, Al Meera’s stock inched up 0.26% at QAR 141.80.