Based on the outstanding results the bank achieved, the Board has decided to recommend to the Ordinary and Extra Ordinary General Assembly the distribution of cash dividend at a rate of QR7.5 per share (75% of the Bank capital).
In addition to a distribution of bonus shares at a rate of one share for every four shares (25% of the Bank capital) for the year 2008, after obtaining the approval of Qatar Central Bank.
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QNB's Board of Directors recommends distribution of 75% as cash dividend and 25% as bonus shares
- Qatar: Monday, October 27 - 2008 at 08:49
- PRESS RELEASE
His Excellency Yousef Hussain Kamal, QNB's Chairman of the Board of Directors, announced that the board held a meeting on Sunday, 26th October 2008 and discussed the proposed dividend distribution for the year 2008.
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Posted by Lara Lynn Golden, News EditorMonday, October 27 - 2008 at 08:49 UAE local time (GMT+4)
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