(MENAFN) On July 8, 2024, the Board of Directors of QNB Group, the largest financial institution in the Middle East and Africa, approved the distribution of interim cash dividends to eligible shareholders. These dividends, amounting to QR0.33 per share, equivalent to 33 percent of the nominal value, will be disbursed to shareholders who were registered as such by the close of trading on July 17, 2024.

According to Article No. 13 of the Qatar Financial Markets Authority’s Board Decision No. (7) of 2023, which governs dividend distribution rules for listed shareholding companies, Qatar Central Securities Depository Company (EDAA) will facilitate the direct transfer of dividends. Shareholders can opt to receive dividends in their bank accounts, their brokerage accounts, or through the Qatari credit card (Himyan), based on their preference.

Dividends will be deposited directly into the bank accounts of shareholders who have registered their account details with EDAA by the specified deadline. Shareholders who have not yet provided their account information or Himyan Card details are encouraged to do so promptly via the EDAA website, EDAA application, or through banks authorized by EDAA.

This process ensures timely and efficient distribution of dividends in accordance with regulatory guidelines, offering shareholders flexibility in receiving their entitlements.

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