DEWA’s general assembly approves AED 3.1B dividend for H2 2025

- DEWA’s general assembly approved dividend distribution of AED 3.1 billion to shareholders for the second half of 2025

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), reported that its shareholders have, in the general assembly held today (2 April 2026),  approved the distribution of total dividend of AED 3.1 billion for the second half of 2025 for the Company’s eligible shareholders. 

General Assembly Details  
The meeting, chaired by HE Majid Hamad Rahma Al Shamsi, Chairman of the Board of Directors of DEWA, was attended by HE Saeed Mohammed Al Tayer, MD&CEO of DEWA and Members of the Board of Directors of DEWA as well as 91.53% of the shareholders. The assembly was held at Kempinski The Boulevard Hotel in Dubai as well as virtually. 

Attractive Dividend Yield
The General Assembly has approved DEWA’s Board of Directors’ recommendation regarding the distribution of a cash dividend amounting to AED 3.1 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, 13 April 2026.

Quotes 
“Thanks to the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE 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. This is underpinned by robust strategic planning, sound governance and a strong ability to adapt to rapidly evolving global changes,” said HE Majid Hamad Rahma Al Shamsi, Chairman of the Board of Directors of DEWA.

“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. DEWA’s consolidated annual revenue increased by 6.02% to AED 32.84 billion in 2025, primarily driven by rising demand for electricity, water and cooling services. The Group’s annual profit after tax increased by 25.17% to AED 9.06 billion compared to the previous year,” added Al Shamsi.

DEWA’s Chairman extended his appreciation to shareholders for their trust and continued support. He also commended the efforts of DEWA’s top management and dedicated teams, whose commitment and professionalism ensure the delivery of DEWA’s services according to the highest standards of quality, reliability and efficiency and achieve further milestones in Dubai’s ambitious development journey.

HE Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA, said: “Thanks to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, DEWA remains steadfast in its commitment to excellence, sustainability and long-term growth.”

“The year 2025 marked a significant milestone in DEWA’s journey, with the group recording unprecedented revenue of AED 32.8 billion, EBITDA of AED 17.3 billion and an operating profit of nearly AED 11 billion for the first time. Net profit after tax reached AED 9.06 billion, covering our annual dividend of AED 6.2 billion approximately 1.5 times. The rapid growth in demand for our services reflects the robust growth of Dubai’s economy. Electricity peak demand grew by 5.8% to 11,391 MW and water daily peak demand increased by 7% to 487 million imperial gallons per day (MIGD) compared to the previous year. Inspired by the vision and guidance of our wise leadership, DEWA continues to pursue higher levels of excellence across all our activities, especially driving the green energy agenda and promoting Dubai’s progress to Net Zero by 2050. In this regard, the Mohammed bin Rashid Al Maktoum Solar Park, with original plan of 5,000 MW on a single site, is now targeting a capacity of 8,000 MW by 2030. Out of DEWA’s total current installed power capacity of 17,979 MW at end of 2025, clean energy capacity accounted for 21.5%, and we expect this to reach 36% by 2030, avoiding over 8.5 million tonnes of carbon emissions annually,” added Al Tayer.

“We have been successful in attracting leading global developers to Dubai through the IPP and IWP model, to sustainably produce electricity and water at the world’s lowest unit cost. Total investment in infrastructure to date exceeds AED 237 billion. In 2025, we invested AED 11.8 billion mainly to enhance renewable energy generation and expand the transmission and distribution networks. This was essential to serve our continuously growing customer base, which increased by nearly 57,000 new electricity and water accounts in 2025, surpassing 1.3 million accounts. The efficiency of our network is demonstrated by the line loss of electricity (2%), line loss of water (4.4%) and customer minutes lost (CML) of 0.82 minutes per customer per year, all of which are the lowest worldwide,” he added.

“DEWA has been a pioneer in leveraging digitalisation and AI based processes to enhance efficiency, reduce costs, ensure the security and reliability of services and improve customer experience. This strategy has proven successful and today we rank first globally in 13 key utility performance parameters and two regional indicators across the core domains of generation, transmission, distribution and customer service.

I am confident that the Group will maintain its global reputation, achieve more technical distinctions and generate outstanding financial results that meet and exceed the expectations of all valued stakeholders,” said Al Tayer.

“I would like to express my appreciation to His Excellency the Chairman and the Board Members for their support. I also extend my gratitude to our dedicated employees for their hard work and commitment, and to our shareholders for their trust in DEWA, concluded Al Tayer.