
National Cement Approves 25% Dividend Payout
Summary
National Cement Company PSC has approved a 25% dividend payout and other key resolutions during its Annual General Assembly, reflecting a strong financial performance.In a significant move that underscores its robust financial health, National Cement Company PSC, a prominent player in the UAE's cement industry, has announced key resolutions from its recent Annual General Assembly Meeting held on April 16, 2026. The meeting, which saw a commendable representation of 79.25% of shares, was chaired by Mr. Rashed Saif Al Ghurair and took place both physically at the NCC Head Office and virtually.
The assembly approved several critical financial reports, including the Board of Directors' report, the auditor's report, and the company's balance sheet along with the profit and loss account for the fiscal year ending December 31, 2025. These approvals signal a transparent and well-managed financial ecosystem within the company, making it an attractive option for investors.
Arguably the most noteworthy resolution was the approval of a 25% cash dividend distribution, amounting to AED 89,700,000, or 25 fils per share. This decision reflects the company's commitment to delivering value to its shareholders and highlights its strong financial performance over the past year.
Additionally, the assembly approved the Board's proposal regarding directors' remuneration for 2025, amounting to AED 3,165,000. This includes an annual remuneration of AED 370,000 for each Board member, with additional compensation for committee chairs and members.
The National Cement Company, listed on the Dubai Financial Market since 2005, continues to demonstrate resilience and growth potential. Its strategic investments in cement and related products, alongside prudent financial management, position it well for future growth.
Given the company's strong financial standing, consistent dividend payouts, and strategic market positioning, investors might consider a hold strategy for National Cement Company PSC. This approach allows shareholders to benefit from the steady dividends and potential capital appreciation as the company continues to capitalize on market opportunities in the UAE and beyond.



