DFM Adjusts EMPOWER Futures Amid Dividend Payout

Dubai Financial Market (DFM), a leading financial exchange in the United Arab Emirates, has announced a critical adjustment to its equity futures contracts for EMPOWER. This adjustment follows the approval of a cash dividend payment of AED 0.04375 per share by EMPOWER shareholders, marking a significant development for investors and traders alike.

Effective from October 17, 2025, the adjustment will impact the EMPOWER futures contracts for November 2025, December 2025, and January 2026. The ex-dividend day, which marks the date after which the dividend is not included in the price of the stock, is crucial for determining the adjusted futures prices.

The adjustment ratio, set at 0.974112, will be applied to the previous day's settlement price to determine the new reference prices for trading on October 17, 2025. This move is in accordance with the DFM Futures Contract Adjustment Guidelines, ensuring that the market remains orderly and that all stakeholders are treated fairly.

For investors, this adjustment presents both opportunities and challenges. On one hand, the dividend payout reflects a positive cash flow situation for EMPOWER, indicating potential growth and stability. On the other hand, the adjustment in futures prices may require traders to reassess their positions and strategies.

Considering the current market conditions and the specifics of the adjustment, a 'hold' recommendation is suggested for investors currently engaged in EMPOWER futures contracts. This approach allows investors to monitor market reactions and reassess their positions as more information becomes available.

As DFM continues to align its operations with Islamic Shari'a principles and maintains its robust regulatory framework, such adjustments reflect its commitment to transparency and market efficiency. Investors are encouraged to stay informed about further announcements and to consider professional advice when navigating these adjustments.