Dividend Distribution

Dividend Distribution

MPHC would like to inform its shareholders that the Commercial Bank of Qatar is the dividend distributor of the company’s annual dividends.

Commercial Bank of Qatar will deposit the dividends into accounts of shareholders who have provided their bank account details to Qatar Central Securities Depository (Q.C.S.D.).

Documentation Requirements:

Person Collecting

     Required Documents

Shareholder for his own dividend ONLY

  • Original valid ID of shareholder

Shareholder for his own and his minor’s dividends

  • Original valid ID of shareholder
  • Original valid ID or Birth Certificate of the minors or valid Special Power of Attorney

Representative of a shareholder to collect for shareholder ONLY

  • Original valid ID of representative
  • Original copy of Authority Letter
  • Original valid ID of shareholder

In case of a mother representing minors

  • Original valid Special Power of Attorney authorizing the mother
  • Original valid ID of  the mother

Representative of a shareholder to collect including minors of shareholder

  • Original valid ID of representative
  • Original copy of Authority Letter with names of minors, NIN, and ID number stated in the letter
  • Original valid ID or Birth Certificate of the minors or valid Special Power of Attorney

In case if shareholder is deceased

  • Original Court Inheritance Certificate

Corporate shareholders

  • Original copy of Authority Letter
  • Photocopy of CR
  • Photocopy of the ID of authorized signatory
  • Original valid ID of representative


More about dividends:

OUTSTANDING DIVIDENDS: Shareholders who have not claimed their 2016 dividends, should go to the Commercial Bank of Qatar with their ID.

Distribution Details:

Dividend: 0.6 per share.
Dividend Rate: 6%
Distributing Bank: Commercial Bank of Qatar
Tel. 44490000

 

2016 Dividends

OUTSTANDING DIVIDENDS: Shareholders who have not claimed their 2015 dividends, should go to the Commercial Bank of Qatar with their ID.

Distribution Details:

Dividend: 0.7 per share.
Dividend Rate: 7%
Distributing Bank: Commercial Bank of Qatar
Tel. 44490000

 

2015 Dividend

OUTSTANDING DIVIDENDS: Shareholders who have not claimed their 2014 dividends, should go to the Commercial Bank of Qatar with their ID.

Distribution Details:

Dividend: QR 1.1 per share.
Dividend Rate: 11%
Distributing Bank: Commercial Bank of Qatar
Tel. 44490000

 

2014 Dividend

OUTSTANDING DIVIDENDS: Shareholders who have not claimed their 2013, should go to the Commercial Bank of Qatar with their ID.

Distribution Details:

Dividend: QR 0.35 per share.
Dividend Rate: 10.5%
Distributing Bank: the Commercial Bank of Qatar
Tel. 44490000
 

2013 Dividend

There are no such plans at this stage.

MPHC is targeting to maintain a consistent dividend payout ratio which reflects the performance of the company after taking into consideration all MPHC and MPHC Group Companies capital investments, working capital and financing needs.

Decision regarding the distribution of dividends are made by the Board of Directors. In most cases, dividend distribution comes in the form of cash.

2013 to 2016 Dividends

Name: Commercial Bank of Qatar
Tel. 44490000

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