TECOM Group shareholders approve cash dividend for H2 2025 and endorse 2026 dividend policy at Annual General Assembly Meeting

TECOM Group PJSC (DFM: TECOM), the creator of specialised business districts and vibrant communities, held its Annual General Assembly Meeting at Dubai Internet City.

At the meeting, shareholders approved the financial statements for the year ended 31 December 2025 and endorsed the Board of Directors’ recommendation to distribute a cash dividend of AED 440 million for the second half of 2025. This brings the total cash dividends for the year 2025 to AED 840 million, marking a new level of dividend distribution for the Group and reflecting its fourth consecutive year of strong growth and outstanding performance.

Shareholders also approved the updated dividend policy for the financial year 2026, which suggests an aggregate cash dividend of AED 880 million, to be paid in two equal instalments of AED 440 million, with payments anticipated in August 2026 and March 2027.

Malek Al Malek, Chairman of TECOM Group, said: “Our exceptional financial results for 2025 reflect the efficiency and resilience of our business model as well as the effective implementation of our expansion and sustainable growth strategy, allowing us to enhance long-term investor returns. The shareholders’ approval of a 10% increase in the H2 2025 dividend and the endorsement of the new dividend policy for 2026 underscore our commitment to providing attractive and sustainable yield, as we continue to support the UAE’s and Dubai’s key economic sectors and reinforce the Group’s position as a preferred destination for leading companies in future-focused industries.”

Shareholders also approved TECOM Group’s Corporate Social Responsibility (CSR) and Charitable Contributions Policy, which aims to further solidify the Group’s commitment to sustainability. This policy, positioned under the overarching ESG framework, provides a strategic and governance framework for all social responsibility and community development initiatives.

TECOM Group delivered strong financial results in 2025, recording record revenues of AED 2.9 billion, marking a 19% year-on-year (YoY) increase driven by strategic portfolio expansion and robust performance across all business segments. EBITDA reached AED 2.2 billion, representing a 20% YoY growth with a strong 78% margin, while recurring net profit increased by 20% YoY to AED 1.5 billion, supported by effective cost and capital management. Funds from Operations (FFO) grew 19% to AED 2 billion.