IQ said its board recommended 82% cash dividends (Photo Credit: Arabianeye-Reuters)
Industries Qatar
IQCD
IQCD
Qatar – Mubasher: Qatar National Bank (QNB) maintained the price target (PT) of Industries Qatar (IQ) at QAR 130, with expectations that the stock will see a weak performance in the short term.
The stock may be weighed by lower annual dividends for the fourth quarter of 2015.
IQ said its board recommended 82% cash dividends or QAR 4 per share for the fiscal year 2016.
Source:
Mubasher
