Doha – Mubasher: Medicare Group set 14 March for the company’s ordinary general meeting (OGM) to discuss a proposal by the board of directors to pay cash dividends at 50% of the paid-up capital, equivalent to QAR 5 per share, totalling QAR 140.7 million for the fiscal year 2015.

The company’s issued and paid-up capital amounts to QAR 281.44 million distributed across 28.14 million shares, with a nominal value of QAR 10.

The OGM will also discuss the board’s report on the fiscal year 2015, the auditor’s report, the balance sheet and the profit and loss account, according to a bourse filing.

The Qatar-listed company’s share rose in midsession on Sunday by 0.64% to QAR 95 as 7,500 shares were traded at QAE 708,400.