Doha – Mubasher: United Development Company’s board of directors invited shareholders to attend the ordinary general meeting to be held on 8 March.
The meeting will discuss the board’s proposal to distribute cash dividends at 15% of the share’s par value or QAR 1.5 per share, totalling QAR 531.13 million.
The company’s annual profit climbed 10.2% to QAR 689.64 last year, versus QAR 625.67 million in 2014.
In today’s early trading, the Qatar-listed company’s share rose 2.38% or QAR 0.46 to QAR 19.86.
