Salik says dividend for 2025 will to reach $460m
Dubai toll operator Salik said total dividend payout will reach AED1.7 billion ($463 million) for 2025.
The board proposed a total dividend of AED890 million for the second half of 2025, including AED783 million, representing a 100 percent payout of net profit for the second half of 2025, and a proposed special dividend of AED107.8 million, the UAE state-owned Wam news agency reported.
The proposal will come up for voting at the annual general meeting on April 9.
In August 2025 Salik paid a dividend of AED771 million for the first six months.
Total revenue for 2025 increased 35 percent year on year to AED3.1 billion, while net profit before tax rose by 33 percent annually to AED1.7 billion.
The stock closed 5 percent lower at AED6.08 on Wednesday, but is up 4 percent in the year to date.
Dubai Investment Fund owns 75 percent of Salik.
Further reading:
- UAE markets slide but Saudi stocks extend recovery
- Turkey moves to tap crypto earnings
- Tadawul operator proposes dividend despite profit drop
אולי תאהב גם
STARTRADER Transforms Basketball Court for 10,000 Youth Annually in Vietnam
Kimmel Mocks Trump For Making ‘A Joke About His Death’ Amid FCC Review
