QNB shareholders approve dividends, capital hike

Mubasher: The ordinary general meeting (OGM) of Qatar National Bank (QNB) has agreed to distribute cash dividends of QAR 3.5 per share (35% of the nominal share value) and 1-for-10 bonus shares (10% of the capital) for the fiscal year 2016.

Meanwhile, the extraordinary general meeting (EGM) has approved increasing the bank’s share capital to QAR 9.24 billion from QAR 8.4 billion by distributing bonus shares at 10%, according to a bourse filing.

Mubasher Contribution Time: 06-Feb-2017 07:33 (GMT)
Mubasher Last Update Time: 06-Feb-2017 07:33 (GMT)