QNB’s dividend policy:
QNB’s dividend policy is driven by the Bank’s financial performance, profitability, growth outlook, expansion strategies and capital requirements. Management is committed to sustain positive performance with financial discipline, efficient and effective risk management along with prudent investments, and growth strategies moving forward.
No change in the current policy expected in the near future with expected pay-out ratio to be between
30% to 40%.
QNB’s dividend history:
The table below is showing historical information of Cash Dividend, Bonus Shares and Dividend Payout Ratio.
Year |
Cash Dividend |
Bonus Shares |
Dividend Payout Ratio |
|
2009 |
40% |
30% |
29% |
|
2010 |
50% |
30% |
34% |
|
2011 |
40% |
10% |
34% |
|
2012 |
60% |
- |
50% |
|
2013 |
70% |
- |
52% |
|
2014 |
75% |
- |
50% |
|
2015 |
35% |
20% |
22% |
|
2016 |
35% |
10% |
24% |
|
2017 |
60% |
- |
44% |
|
2018 |
60% |
- |
42% |
|
2019 |
60% |
- |
42% |
|
2020 |
45% |
- |
38% |
|
2021 |
55% |
- |
42% |
|
2022 |
60% |
- |
42% |
|
65% |
- |
42% |
|
|
33% |
40% |