Doha – Mubasher: Barwa Real Estate’s ordinary general meeting (OGM) has approved distributing cash dividends of QAR 2.5 per share (25% of the stock’s nominal value) for fiscal year 2016, totalling QAR 972.75 million.
The OGM also discussed the board’s report on the company’s activities and its financial position for the year which ended 31 December and future plans for the year 2017, according to a bourse filing released on Monday.
By 09:47am Doha time, the stock topped losers after falling 6.93% to QAR 36.95.
