Qatar - Mubasher: The ordinary general meeting (OGM) of United Development has approved distributing 1.25% cash dividend of the capital for fiscal year 2016.
The company will pay QAR 1.25 per share, with a total value of QAR 442.61 million, according to a bourse statement issued on Tuesday.
During the fiscal year, profits decreased 7.1% to total QAR 680.86 million from QAR 732.88 million in FY15.
