Doha – Mubasher: Ooredoo said its shareholders gave the go-ahead for 35% cash dividends, equivalent to QAR 3.5 per share, for fiscal year 2016.
The telecom operator’s capital amounts to QAR 3.2 billion, distributed on 320.32 million shares at QAR 10 per share.
The parent company’s revenues rose 1% year-on-year to reach QAR 32.5 million in 2016.
The company’s stock fell 2.37% to QAR 102.80 by 9:50am Qatar time, generating QAR 533,800 from the exchange of 5,200 shares.
