Tecom shareholders approve Dhs840m cash dividend for 2025

Tecom Group shareholders approved the financial statements for the year ended 31st December 2025 and endorsed the Board of Directors’ recommendation to distribute a cash dividend of Dhs440 million for the second half of 2025.

This brings the total cash dividends for 2025 to Dhs840 million, marking a new level of dividend distribution for the Group and reflecting its fourth consecutive year of strong growth and outstanding performance.

The announcement came during the shareholders’ Annual General Assembly Meeting at Dubai Internet City.

Shareholders also approved the updated dividend policy for the financial year 2026, which suggests an aggregate cash dividend of Dhs880 million, to be paid in two equal instalments of Dhs440 million, with payments anticipated in August 2026 and March 2027.

Malek Al Malek, Chairman of Tecom Group, said, “The shareholders’ approval of a 10 per cent 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 Dhs2.9 billion, marking a 19 per cent year-on-year (YoY) increase driven by strategic portfolio expansion and robust performance across all business segments.

EBITDA reached Dhs2.2 billion, representing a 20 per cent YoY growth with a strong 78 per cent margin, while recurring net profit increased by 20 per cent YoY to Dhs1.5 billion, supported by effective cost and capital management. Funds from Operations (FFO) grew 19 per cent to Dhs2 billion.

Meanwhile Tecom Group, the creator of specialised business districts and vibrant communities, has announced its financial results for the year ending 31st December 2025 (FY 2025), reporting strong year-end performance supported by sustained growth across its commercial, industrial and land portfolios. The Group said the results were driven by consistent demand for the its assets, improved occupancy rates, and a continued emphasis on operational efficiency.

Tecom Group FY 2025 revenues increase by 19 per cent YoY, driven by strategic portfolio expansion and robust performance across all business segments.

EBITDA reached Dhs2.2 billion in 2025, representing YoY growth of 20 per cent, with a robust 78 per cent margin, underpinned by the Group’s effective operational performance.

Recurring net profit for 2025 increased 20 per cent YoY to Dhs1.5 billion, underpinned by effective cost management and optimised financing, underscoring the success of the Group’s strategy in ensuring long-term shareholder value.

“In 2025, we continued to strengthen Tecom Group’s portfolio, underpinned by our expansion strategy and strong financial position, while achieving the best returns for our shareholders. Reflecting the strength of the results, the Board is proposing a 10 per cent increase in the dividend for the second half of 2025 to Dhs440 million and setting an updated dividend framework for 2026, with an expected aggregate payout of AED880 million, subject to shareholder approval,” Malek Al Malek, Chairman of TECOM Group, said.

Abdulla Belhoul, Chief Executive Officer of Tecom Group, said, “Our strong 2025 performance demonstrates the continued contributions of Tecom Group’s diverse ecosystems in driving economic growth across six strategic sectors, contributing to the UAE’s and Dubai’s appeal to global investors and talent.”

He added that the Group invested over Dhs2.5 billion in strategic acquisitions and project developments through 2025 to fuel its long-term growth. In August 2025, it also invested Dhs1.6 billion to acquire 138 industrial land plots with a total area of 33 million sq.ft. in Dubai Industrial City to meet the strong and growing demand within the industrial sector.

Occupancy levels continued to demonstrate an upward trajectory, with Commercial and Industrial occupancy reaching 97 per cent in 2025, up 3 per cent YoY. Commercial portfolio occupancy stood at 95 per cent, up 5 per cent YoY, while Industrial portfolio occupancy reached 98 per cent.

Funds from Operations (FFO) reached Dhs2 billion in 2025, representing a 19 per cent YoY increase driven by improved collections and the enhanced performance of income-generating assets. Fair value of the Group’s Investment Properties portfolio ascertained a fair value of AED34.5 billion, representing a 23 per cent YoY increase compared to 2024 levels, and a like-for-like increase of 18 per cent.

WAM