Dubai Investments Shareholders Greenlight 18% Cash Dividend After 21% Profit Surge

0 0
Dubai Investments Shareholders Greenlight 18% Cash Dividend After 21% Profit Surge

UAE: Dubai Investments’ shareholders approved an 18 percent cash dividend—equivalent to AED 765.36 million—for the 2024 financial year at the company’s 29th Annual General Meeting held on April 16, 2025 in Dubai. The resolution passed with broad support, reflecting investor confidence in the company’s strategic direction and financial strength.

For the year ended December 31, 2024, Dubai Investments reported a net profit before tax of AED 1.3 billion, a 21 percent increase over 2023. This robust performance was driven by gains across its diversified portfolio—including real estate, manufacturing, and financial investments—as well as disciplined cost management and targeted growth initiatives.

In addition to approving the dividend, shareholders endorsed a new Dividend Distribution Policy designed to formalize payout parameters, enhance transparency, and ensure consistency with the company’s long‑term value‑creation goals. This policy will guide future distributions, balancing cash returns with reinvestment in high‑potential projects.

Founded in 1995 and listed on the Dubai Financial Market, Dubai Investments has grown into a leading diversified investment company. Its ability to deliver steady dividends amid challenging market conditions underscores a commitment to operational excellence and prudent governance—a track record that continues to attract both regional and international investors.

 

  • Tags:
To comment or like please login first....
Login/Register