The Dubai Financial Market (DFM) has announced an adjustment to its equity futures contracts for EMIRATESNBD PJSC, effective February 26, 2026. This adjustment follows the approval of a cash dividend payment of AED 1.00 per share by EMIRATESNBD shareholders. As a result, the DFM has recalibrated its futures contracts to reflect this dividend distribution.

Three specific futures contracts have been adjusted: ENBD FUT – March 2026, ENBD FUT – April 2026, and ENBD FUT – May 2026. The adjustment ratio applied to these contracts is 0.972452. Consequently, the previous day's settlement prices have been modified to account for this ratio. For instance, the March 2026 contract price has been adjusted from AED 36.381 to AED 35.379.

Such adjustments are crucial as they maintain the integrity and attractiveness of the futures market by ensuring that contracts accurately reflect underlying asset values post-dividend distribution. This adjustment is in line with DFM's Futures Contract Adjustment Guidelines and aims to provide a seamless trading experience for investors.

For traders and investors, these adjustments mean recalibrating their strategies. While the dividend payment is a positive indicator of EMIRATESNBD's financial health, the adjusted futures prices may influence short-term trading decisions. Investors should consider the broader economic environment, EMIRATESNBD's performance, and their risk tolerance when deciding their next steps.

Given the current scenario, investors might consider holding their positions. The adjustment reflects a routine market practice and does not inherently alter the long-term value of EMIRATESNBD's shares. However, those with a short-term focus should remain vigilant and monitor market reactions closely.