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OQ Exploration and Production to distribute RO 57.67 million in cash dividends

OQ Exploration and Production Company's Board of Directors has approved the distribution of cash dividends amounting to RO 57,675,000 for the past nine months of the current year.

TAS News Service

info@thearabianstories.com

Wednesday, November 13, 2024

MUSCAT : This translates to a dividend of 7.21 baisas per share.

In a disclosure on Muscat Stock Exchange, the company announced that its Board of Directors, in their meeting held on Tuesday, November 12, 2024, reviewed and approved the unaudited financial statements for the period ended on 30 September 2024.

“The Board proposed payment of cash dividends of 7.21 baizas per share, totalling RO 57.675 million. The Annual General Meeting of the Company is planned to be held in the first week of December 2024,”it stated.


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