Masraf Al Rayan net profits in 2020 stabilize at 2.17 billion riyals, and recommends a cash dividend of 17% (0.17 riyals per share)

19-01-2021


Masraf Al Rayan announced the annual financial statements for the period ending on 31 December 2020, where the net profit amounted to 2.17 billion riyals compared to a net profit of 2.17 billion riyals for the same period of the previous year.
The earnings per share amounted to 0.29 riyals for the financial period ending on 31 December, 2020, compared to earnings per share of 0.29 riyals for the same period of the previous year.
The Board of Directors of Masraf Al Rayan recommended distributing cash dividends to shareholders by 0.170 riyals per share, i.e. 17% of the paid-up capital, and the Board requested that this recommendation be submitted to the Ordinary General Assembly for approval after obtaining the approval of Qatar Central Bank.
The Board also set Tuesday, 2 March 2021, as the date for the Ordinary General Assembly of Masraf Al Rayan.
 


More News