DEWA Announces AED3.1 Billion Dividend for 2025
Summary
DEWA's Board of Directors has approved a cash dividend of AED3.1 billion for 2025, with key dates set for shareholders. The financial results and assembly meeting plans were also discussed.The Dubai Electricity and Water Authority PJSC (DEWA) has made a significant announcement regarding its financial operations for the fiscal year 2025. The Board of Directors has approved the release of the company's preliminary and unaudited financial statements, alongside the agenda for the Annual General Assembly meeting of shareholders.
One of the most notable resolutions passed by the Board is the endorsement of a cash dividend amounting to AED3.1 billion, equivalent to 6.2 fils per share, for the second half of 2025. This dividend is slated for disbursement to eligible shareholders in April 2026, pending approval at the upcoming annual general assembly.
The announcement delineates important dates for shareholders, including the last entitlement date on April 7, 2026, the ex-dividend date on April 8, 2026, and the record date on April 9, 2026. Additionally, DEWA plans to invite shareholders to an Annual Assembly meeting on April 2, 2026, subject to the approval of the UAE's Securities and Commodities Authority. This invitation is expected to be published between late February and early March 2026.
DEWA's decision to distribute a substantial dividend reflects its strong financial performance and commitment to delivering value to its shareholders. This move is likely to be well-received by investors, as it underscores the company's robust financial health and strategic growth trajectory.
For investors considering their position with DEWA, the company's consistent dividend payments and strategic initiatives suggest a stable outlook. However, given the neutral view on the company's future, it may be prudent for investors to hold their positions and monitor the company's performance and market conditions closely.
In conclusion, DEWA's recent announcements highlight its proactive approach in aligning with shareholder interests and maintaining its position as a key player in Dubai's utility sector. Investors are advised to stay informed of any further developments as the company continues to navigate the evolving market landscape.
