These Five Stocks Currently Have the Best Dividend Yield in Qatar

​Dividend yield is a metric that investors look at to gauge financial reward, offering insights into the returns generated by a stock's dividends relative to its price. 

For income-oriented investors, this metric serves as a critical gauge of a company's profitability and commitment to shareholder wealth.

In Qatar's bustling market, five stocks currently emerge as champions of dividend yield, presenting enticing opportunities for investors seeking stable returns. 

Leading the pack is The Investors (QIGD), boasting a dividend yield of 9.5%. 

Despite in QIGD's interim financial statement for the first quarter of 2024 the company reported decline in Earnings per Share (EPS). 

Currently EPS is standing at QAR 0.035 compared to QAR 0.044 for the same period in 2023.

Following closely is National Cement Co. (QNCD) with a dividend yield of 8.3%. 

The company also reported slight decline in EPS, reporting an EPS of QAR 0.08 in the first quarter of 2024, slightly down from QAR 0.10 in 2023.

Securing the third position is Doha Insurance Group (DOHI) with a 7.2% dividend yield, trailed by Ahli Bank (ABQK) at 6.7% and QLM (QLMI) at 6.5%. 

These companies demonstrate not only financial stability but also a commitment to rewarding shareholders, making them prime choices for investors navigating Qatar's dividend-rich market.

If you liked this post, follow @Sahmik_at for more insights from QSE.

#Sahmik_at #Qatar #QatarStockExchange #QSE #finance#GulfCooperationCouncil #GCC #GCCnews #news#stockmarket #stocks #stocknews #financialnews#stockmarketperformance #stockperformance #investments#financialinvestments​