Qatari stocks continue to be known for high dividend yield as listed companies remain robust and reported record net profits in 2010.
Estimates suggest that 34 of the 43 entities listed on the Qatari bourse (Qatar Exchange) collectively declared an astronomical QR11bn worth of dividend payout to their shareholders for 2010.
These companies collectively reported net profits to the tune of QR27.8bn, up 13.4 percent over 2009. The dividend payouts work out to more than 45 percent of their (34 listed companies’) collective net profits—a handsome proportion.
No comments:
Post a Comment