Emirates Integrated Telecommunications Company PJSC (EITC), a leading telecommunications provider in the UAE, has announced an invitation to its shareholders for the upcoming General Meeting (GM) scheduled for March 2026. The meeting will address several key agenda items, including the approval of financial statements, dividend distribution, and board member elections.

The company has proposed a dividend distribution of AED 0.40 per share for the second half of 2025, culminating in a total annual dividend of AED 0.64 per share. This represents 64% of the nominal value of the share, indicating a strong financial performance for the fiscal year ended December 31, 2025.

Shareholders will also review and approve the Board of Directors' report and the auditors' report for the fiscal year. The proposed remuneration for the Board of Directors is AED 12,220,000, reflecting the company's commitment to rewarding its leadership for a successful year.

In addition to financial matters, the GM will consider the election of a new board member and the appointment of external auditors for the upcoming fiscal year, with proposed fees of AED 2,200,000. A special resolution regarding voluntary community contributions amounting to AED 3,160,000 will also be discussed.

For shareholders, the meeting provides an opportunity to engage with the company's strategic direction and financial health. The dividend announcement is particularly noteworthy, as it underscores EITC's robust performance and commitment to returning value to its investors.

Given the company's stable financial outlook and strategic initiatives, the recommendation is to hold the stock. The consistent dividend payout and strong governance practices suggest a steady performance in the upcoming fiscal year.