Dewa shareholders approve cash dividend of Dhs3.1b for H2 2025

Dubai Electricity and Water Authority (Dewa) said its shareholders approved a dividend of Dhs3.1 billion for the second half of 2025 at the General Assembly held on Thursday.

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The virtual meeting, chaired by Majid Hamad Rahma Al Shamsi, Chairman of Dewa, was attended by Saeed Mohammed Al Tayer, MD and CEO, board members, and shareholders representing 91.53 per cent of the shareholders.

The General Assembly has approved Dewa's Board of Directors' recommendation regarding the distribution of a cash dividend amounting to Dhs3.1 billion (6.2 fils per share) for the second half of 2025, which is intended to be paid to the company's eligible shareholders in April 2026. The record date shall be Monday, 13th April 2026.

"Thanks to the vision and directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Dubai continues to consolidate its position as a leading global hub for finance, trade and tourism, as well as an advanced model for innovation, sustainable development and investment," said Majid Hamad Rahma Al Shamsi, Chairman of the Board of Directors of Dewa. "This is underpinned by robust strategic planning, sound governance and a strong ability to adapt to rapidly evolving global changes."

In 2025, Dewa continued to deliver strong operational and financial results, driven by sustained growth in demand for electricity, water and cooling services, alongside investments in clean energy projects and digital infrastructure.