Posts Tagged ‘dividend’

Qtel chairman Sheikh Abdullah bin Mohamed bin Saud al-Thani has said the group’s diversified operations have delivered strong returns and enabled it to thrive in a ‘highly competitive and challenging environment.’

“This has been a year of real

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Wednesday, March 10th, 2010 at 08:04 | 0 comments
Categories: Company

Sharjah Islamic Bank is preparing to reduce its cash dividend following the recent Central Bank instructions to local banks to cap it at 50 per cent of the net profit. SIBs chief executive said the bank will stick to the guidelines on cash dividend payout

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Monday, March 8th, 2010 at 23:40 | 0 comments
Categories: Company

Close on the heels of Sharjah-headquartered United Arab Bank (UAB) and National Bank of Umm Al Quwain (NBQ) having revised downwards their cash dividend pay-outs, Sharjah Islamic Bank (SIB) is also preparing to prune its cash divided already proposed by i

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Monday, March 8th, 2010 at 20:48 | 0 comments
Categories: Economy & Business

Oryx Fund, managed by the Asset Management Division of BankMuscat, will distribute a cash dividend of 50 baisa per unit for the financial year 2009. The annual general meeting (AGM) of the unitholders of Oryx Fund approved the dividend payout.
Or

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Thursday, March 4th, 2010 at 08:24 | 0 comments
Categories: Company

Qatar Shipping Co. climbed the most in almost three months after the marine-freight company merging with Qatar Navigation raised its dividend and reported an increase in full-year profit.

The Doha-based company’s shares jumped 9.7 percent, the

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Wednesday, March 3rd, 2010 at 22:24 | 0 comments
Categories: Company

Agnico-Eagle Mines (AEM.TO) plans to raise its shareholder dividend as its capital costs decrease after completing five new mines in the past two years, the Canadian gold miner said on Monday.

Speaking at a mining conference in Florida, Agnico

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Wednesday, March 3rd, 2010 at 21:51 | 0 comments
Categories: Global Market

The Board of Directors of Industries Qatar Company (IQ) held a meeting last night chaired by H.E. the Deputy Prime Minister and Minister of Energy and Industry and Chairman of the Board of Directors Abdullah bin Hamad Al Attiyah.The IQ board of directors

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Tuesday, March 2nd, 2010 at 02:33 | 0 comments
Categories: Company

Qatar’s benchmark index fell for the first time in three days after Industries Qatar, the measure’s second-biggest company by weighting, cut its dividend and posted a fourth-quarter profit that missed analysts’ estimates.

Industries Qatar, whi

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Monday, March 1st, 2010 at 10:21 | 0 comments
Categories: Market

CI Financial Corp (CIX.TO) reported sharply higher earnings on Tuesday and said it will likely increase its dividend and buy back shares in 2010 to return profit to shareholders.

The Toronto-based fund manager, which reported its fourth-quart

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Sunday, February 28th, 2010 at 19:44 | 0 comments
Categories: Global Market

Saudi Cement Company plans to issue one free share for each two held by investors and a cash dividend of 3.50 riyals ($0.93) for 2009, Saudi Arabia’s second-largest producer said.

‘Company shares will increase from 102 million shares to 153 mil

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Thursday, February 25th, 2010 at 09:27 | 0 comments
Categories: Company
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