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Ezdan Holding to discuss 5% dividends 14 April

Ezdan Holding to discuss 5% dividends 14 April
Ezdan’s stock stabilises at QAR 15.9 by 8:40am Qatar time (Photo Credit: Facebook page)
Ezdan Holding
ERES
-1.40% 1.20 -0.02

Mubasher: Ezdan Holding Group said its shareholders will discuss the board’s proposal to distribute 5% dividends, or QAR 50 per share, for fiscal year 2016, according to a statement.

The shareholders’ meeting will be postponed to 30 April in case of incomplete quorum.

The company’s capital amounts to QAR 26.53 billion, distributed on 2.65 billion shares at a QAR 10 par value.

Ezdan’s stock stabilised at QAR 15.9 by 8:40am Qatar time, with a turnover of QAR 550,470 generated from the exchange of 34,530 shares.