Doha-Mubasher: Al Meera Consumer Goods Co. said its general meeting held on Monday approved the recommended cash dividends for 2015 at 90% of the stock's par value, or QAR 9 a share.
Chairman Abdullah Al-Qahtani said his company has opened 10 new branches in 2015, which contributed nearly QAR 211 million to 2015 total sales.
"The company is going ahead with its expansion plan in 2016 through developing its branch network," Al-Qahtani said, adding that Al Meera has 45 branches in Qatar and four others in Oman.
The Chairman also said the company started constructing some new branches.
The stock rose 0.33% to QAR 215.7 on Monday.
