Dubai Investments Declares 18% Dividend Amid Strong Growth
Dubai Investments PJSC has announced an 18% cash dividend following a robust financial year, highlighting its strategic growth and operational excellence.
Summary
Dubai Investments PJSC reports a 21% increase in net profit and approves an 18% dividend, reflecting strong financial performance and strategic focus.
Dubai Investments PJSC, a prominent multi-asset investment group in the United Arab Emirates, has announced an 18% cash dividend, amounting to AED 765.36 million, for the financial year ending December 31, 2024. This decision was ratified by shareholders at the company's 29th Annual General Meeting held on April 16, 2025. The dividend decision underscores Dubai Investments' commitment to delivering substantial returns to its shareholders, consistent with its strategic growth initiatives.
The company reported a net profit before tax of AED 1.3 billion for FY 2024, marking a significant 21% increase over the previous year. This impressive financial performance can be attributed to Dubai Investments' diversified portfolio and its strategic focus on sectors such as real estate, manufacturing, healthcare, and education. The company's ability to generate sustainable financial returns is a testament to its robust governance and operational excellence.
In addition to approving the dividend, the AGM also saw the introduction of a new Dividend Distribution Policy, aligning with regulatory best practices and reinforcing Dubai Investments' commitment to governance. This policy is expected to provide a clear framework for future dividend decisions, ensuring transparency and consistency.
Dubai Investments' strategy of diversification and expansion through mergers and acquisitions has positioned it as a reliable growth driver in the region. With total assets exceeding AED 22 billion and a paid-up capital of AED 4.25 billion, the company continues to explore new business opportunities, creating strategic investment opportunities across the region.
For investors, the 18% dividend and strong financial performance may suggest a 'buy' strategy, particularly for those looking for exposure to a diversified investment portfolio in the Middle East. However, potential investors should also consider market conditions and the company's long-term strategies before making investment decisions.
Source
Summary
Dubai Investments announced an 18% cash dividend, totaling AED 765.36 million, for the financial year ending December 31, 2024, which was approved at the 29th Annual General Meeting on April 16, 2025. The company reported a net profit before tax of AED 1.3 billion for 2024, a 21% increase from the previous year, reflecting its strategic growth and operational excellence. The AGM also approved a new Dividend Distribution Policy. Dubai Investments, established in 1995, is a UAE-based multi-asset investment group with a diverse portfolio in sectors such as real estate, manufacturing, and healthcare, and aims to generate sustainable financial returns and drive growth through strategic investments.
