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Dividend Distribution


Dividend Distribution Note

Industries Qatar Q.S.C is pleased to announce that dividends for 2009 will be distributed by Commercial Bank (CBQ) starting April 7th 2010. To facilitate IQ distribution of dividends, CBQ will be extending its official working hours (See the table below). CBQ also offers an auto-crediting service which enables shareholders to deposit their dividends immediately (to their bank account with a bank in or outside Qatar) which will be more convenient for them.
For more information, please call the Commercial Bank on 4495444.
Please note that any unclaimed dividend cheques will be distributed by t mail after 8 weeks from the above date.

Distribution Procedure:
Firstly: Collection by Cash or Check

1. Shareholders may collect their dividends up to QR 100,000 in cash or in check from the following Commercial Bank branches:

Commercial Bank BranchWorking Hours
Commercial Branch Plaza, Airport Branch, Hamad Street, and Bin Omran.7:30a.m- 1:00p.m. Sunday- Thursday
3:30p.m- 8:00 p.m. Sunday-Thursday
Villagio, Hyatt Plaza, Landmark and City Center Branches7:30a.m. – 3:00p.m. Sunday- Thursday
4:00p.m. – 9:00p.m. Sunday-Friday
All other Commercial Banks
Al-Safa Islamic Banking Services
7:30a.m. - 1:00p.m. Sunday- Thursday
Commercial Corporate Bank
(Corporate Shareholders ONLY )
7:30a.m. – 1:00p.m. Sunday- Thursday
6:00p.m. – 8:00p.m. Sunday-Thursday

2. Please provide the following documentation to collect the dividends at CBQ:

Person CollectingRequired Documents
Shareholder for his own dividends 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 for the minor, or
    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 the case of a mother representing minors
    Original Valid Special Power of Attorney authorizing the mother.
Representative of a shareholder including minor shareholders
    Original Valid ID of representative
    Original Copy of Authority with names of Minors, NIN, and ID number stated in the letter.
    Original Valid ID or Birth Certificate for the minor, or
    Special Power of Attorney
Deceased shareholders
    Original Court Inheritance Certificate
Corporate shareholders
    Original copy of Authority Letter
    Original CR
    Original Valid ID of authorized signatory

Secondly. Collection by deposit in any local or international bank

Please print and complete the form provided (together with the required documentation) to any Commercial Bank branches till 3 April 2010.

IQ Bank Transfer Form


More about dividends:

2008 Dividend

2007 Dividend

2006 Dividend

2005 Dividend

2004 Dividend

2003 Dividend

Dividend Distribution FAQ

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