Tecom Group has announced significant updates regarding its dividend policy for 2026, which has garnered approval from its shareholders. The proposed cash dividend totals AED880 million (approximately $240 million), to be disbursed in two equal payments. This strategic move reflects the company’s solid financial performance and commitment to delivering value to its investors.

Details of the Updated Dividend Policy

During the annual general meeting, Tecom’s board presented a revised dividend policy that outlines plans for a total cash dividend payable over the coming years. Specifically, the dividends will be issued in two installments: one in August 2026 and the other in March 2027. This structured approach not only assures shareholders of consistent returns but also underscores Tecom’s financial health and ambitious growth trajectory.

Increased Dividends for 2025

In addition to the 2026 dividends, shareholders also approved an interim cash dividend of AED440 million ($120 million) for the latter half of 2025. This figure marks a notable 10 percent increase compared to the first half of the year. The cumulative dividend for 2025 is expected to reach AED840 million, as reported to the Dubai Financial Market. This increase in dividends fosters investor confidence and highlights the company’s robust growth, setting an optimistic outlook for future returns.

Strong Financial Performance

Tecom’s performance metrics showcase significant growth over the past year. In 2025, revenues surged to AED2.9 billion, an increase from AED2.4 billion the previous year. Furthermore, the net profit for the year jumped to AED2.1 billion, up from AED1.2 billion in 2024, influenced in part by a non-cash impairment reversal of AED608 million. Such strong financial indicators not only reflect Tecom’s operational efficiency but also its potential for future profitability.

Market Position and Shareholder Structure

Tecom operates ten key business districts within the emirate, including prominent hubs like Dubai Media City and Dubai Internet City. This diverse portfolio enables the company to establish a strong market presence and adapt to varying economic conditions. Notably, Dubai Holding Asset Management, which belongs to the ruler of Dubai, holds a commanding 86.5 percent stake in Tecom, with the remaining 13.5 percent publicly traded on the Dubai Financial Market. This ownership structure underscores the company’s strategic positioning and stability in the market.

In summary, Tecom Group’s recent announcements regarding dividend disbursements and impressive financial growth highlight its commitment to its shareholders while ensuring ongoing profitability. As the company solidifies its position within the Dubai economic landscape, its proactive approach to dividends and robust performance metrics are likely to attract further investor interest.