Doha – Mubasher: Commercial Bank of Qatar (CBQ) will decide 23 March on whether to pay 30% cash dividends, equivalent to QAR 3 ($0.82) per share, for the fiscal year 2015.
The bank earlier paid cash dividends at 35% of the share’s par value and 10% bonus shares for the fiscal year 2014.
A Wednesday bourse filing said that The ordinary and extraordinary general meetings have been rescheduled to 23 March from 16 March.
The ordinary general meeting (OGM) will look into issuing deposit certificates and commercial papers in different currencies, and setting up a global medium-term notes programme.
Meanwhile, the extraordinary general meeting will discuss issuing unlisted and qualified capital instruments.
CBQ’s profits shrank in 2015 by 24.7% to QAR 1.46 billion ($400.978 million) from QAR 1.94 billion ($532.806 million) in 2014.
The Qatar-listed bank’s share dropped today by 0.11% to QAR 45.5 ($12.50).
