(MENAFN- The Peninsula) The Board of Directors of Industries Qatar (IQ) has recommended a dividend distribution of QR4.2bn for the financial year ended December 31, 2014. The recommended dividend is equivalent to QR7 per share.
Since the initial public offering in April 2003, the Board of Directors has supported, and continues to support, a generous dividend payout to the shareholders,. Full disclosure of the financial statements for the full-year 2014 will be provided to the shareholders as soon as the audit process is completed, IQ said in a press note issued yesterday.
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