The Saudi Pharmaceutical Company announced an 8% drop in profits compared to last year, with dividends for the last quarter set at <strong>0.63 SAR</strong> per share. This decline comes at a critical time for the Saudi market.
The ordinary general assembly of EFG Holding Group has approved the distribution of cash dividends amounting to <strong>400 million pounds</strong>, equivalent to a cash coupon of <strong>0.278 pounds</strong> per share. This decision aims to strengthen relationships with shareholders and achieve positive financial results.
Bawag Group has announced plans to reduce dividends for investors as it seeks to finance its acquisition of Permanent TSB, Ireland's third-largest bank, for approximately <strong>€1.62 billion</strong> (about <strong>$1.9 billion</strong>). This move aims to strengthen its financial position and expand operations in the Irish market.
The General Assembly of Dubai Electricity and Water Authority (DEWA) has approved a dividend distribution of <strong>3.1 billion dirhams</strong> for the second half of <strong>2025</strong>. This decision aims to enhance the company's financial performance and support its future investments.
Borouge PLC, a leader in petrochemicals, has approved a final dividend of <strong>4.85 billion dirhams</strong> for 2025, reflecting the company's strong market performance. This decision was made during the General Assembly meeting held on April 7.
Brouj, a leader in the petrochemical industry, has been included in the FTSE Abu Dhabi High Dividend Index, marking a significant achievement that reflects its success in delivering attractive returns to investors.
Private equity firms in the United States borrowed approximately <strong>$94 billion</strong> from leveraged loans and high-yield bonds last year to finance their dividends. This step increases the risks these companies face, according to an analysis by <strong>Moody's</strong> credit rating agency.
Shareholders of the energy company Taqa have elected a new board of directors and announced dividends of up to <strong>5 billion dirhams</strong> for 2025, reflecting the company's commitment to enhancing returns for investors.
ADNOC Logistics and Services has approved a final dividend of <strong>AED 298.39 million</strong> during its annual general assembly held on Wednesday. This decision raises the total dividends for 2025 to <strong>AED 1.19 billion</strong>.