Vodafone Qatar approves 5% cash dividend

The telecoms company made a net profit of $51mln in 2020

  
Branding hangs outside a Vodafone shop in Oxford, Britain, May 16, 2017.

Branding hangs outside a Vodafone shop in Oxford, Britain, May 16, 2017.

REUTERS/Toby Melville

Vodafone Qatar said in a statement on Qatar Stock Exchange that its shareholders approved the distribution of 5 percent cash dividend for the financial year ended 2020.

Earlier this month the telecoms company said it made a net profit of 185 million riyals ($51 million) in 2020, up 29 percent on the previous year.

(Writing by Brinda Darasha; editing by Daniel Luiz)

brinda.darasha@refinitiv.com

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