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Direct Dividend Payment Plan Initiative To Allow Investors Receive Dividends through Bank Accounts October 23 2011 1.

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Presentation on theme: "Direct Dividend Payment Plan Initiative To Allow Investors Receive Dividends through Bank Accounts October 23 2011 1."— Presentation transcript:

1 Direct Dividend Payment Plan Initiative To Allow Investors Receive Dividends through Bank Accounts October 23 2011 1

2 www.qe.qa Aim of the Initiative The Qatar Exchange is launching an initiative aimed at making direct payment of all dividends into the bank account of investors The aim of this is to ensure that all investors will receive their dividends in an easy, fast and safe manner. 2

3 www.qe.qa Procedures to be followed 1.Go to your Bank: -Pick up the NIN Modification Application Form -Update Form to include your bank account information -Have your Bank stamp the form -Your Bank will then keep the form for processing 2. Your bank will enter the updated information electronically and send it directly to QE for processing 3. Once QE receives the updated information from your Bank, it will be automatically saved on record 4.Wait for dividend payments to be made directly into account during dividend season 2012 3

4 www.qe.qa This procedure serves the interests of investors because it: Ensures receiving their dividends in a fast easy and safe manner Investors are no more required to refer to the listed companies to collect their dividends checks and the banks to deposit these checks This procedure is in line with the best international practices followed in the world’s prominent exchanges as it benefits the Qatari financial market and preserves investors' rights. Benefits 4


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