DEWA Approves AED 3.1 Billion Dividend for H2 2025 Amid Strong Financial Growth
Dubai Electricity and Water Authority PJSC (DEWA) announced that its shareholders have approved a dividend of AED 3.1 billion for the second half of 2025 during the Annual General Assembly held virtually on Thursday. The meeting was chaired by Majid Hamad Rahma Al Shamsi, Chairman of DEWA, and attended by Saeed Mohammed Al Tayer, MD and CEO, along with board members and shareholders representing 91.53% of the total shareholder base.
Dividend Details and Financial Performance
The Annual General Assembly endorsed DEWA’s Board of Directors’ recommendation to distribute a cash dividend of AED 3.1 billion, equating to 6.2 fils per share. This dividend is scheduled to be paid to eligible shareholders in April 2026, with the record date set for Monday, April 13, 2026.
Majid Hamad Rahma Al Shamsi highlighted the significance of this decision, attributing Dubai’s ongoing success to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai. He emphasized that Dubai is solidifying its status as a global hub for finance, trade, and tourism, supported by strategic planning and governance.
In 2025, DEWA reported robust operational and financial results, driven by a sustained increase in demand for electricity, water, and cooling services, as well as investments in clean energy and digital infrastructure. The consolidated annual revenue for DEWA rose by 6.02% to AED 32.84 billion, while the annual profit after tax surged by 25.17% to AED 9.06 billion compared to the previous year.
Commitment to Sustainability and Growth
Saeed Mohammed Al Tayer noted that the directives from key leaders, including H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, reinforce DEWA’s commitment to excellence and sustainability. He stated that 2025 marked a pivotal year for DEWA, achieving unprecedented revenue of AED 32.8 billion, with EBITDA reaching AED 17.3 billion and operating profit nearing AED 11 billion for the first time.
The net profit after tax of AED 9.06 billion comfortably covers the annual dividend of AED 6.2 billion, approximately 1.5 times the dividend payout. The increasing demand for DEWA’s services mirrors the robust growth of Dubai’s economy, with electricity peak demand rising by 5.8% to 11,391 MW and daily peak water demand increasing by 7% to 487 million imperial gallons per day (MIGD).
Advancements in Clean Energy Initiatives
DEWA is actively pursuing excellence across all operations, particularly in advancing its green energy agenda and supporting Dubai’s goal of achieving Net Zero by 2050. The Mohammed bin Rashid Al Maktoum Solar Park, initially planned for 5,000 MW, is now targeting a capacity of 8,000 MW by 2030. As of the end of 2025, DEWA’s total installed power capacity reached 17,979 MW, with clean energy accounting for 21.5%. This figure is expected to rise to 36% by 2030, which will help avoid over 8.5 million tonnes of carbon emissions annually.
Al Tayer further elaborated on DEWA’s success in attracting global developers through the Independent Power Producer (IPP) and Independent Water Producer (IWP) models, enabling the sustainable production of electricity and water at the lowest unit costs globally. The total investment in infrastructure has surpassed AED 237 billion, with AED 11.8 billion allocated in 2025 primarily for enhancing renewable energy generation and expanding transmission and distribution networks. This investment is crucial for accommodating a growing customer base, which saw an increase of nearly 57,000 new electricity and water accounts in 2025, surpassing 1.3 million accounts.
Operational Efficiency and Digital Transformation
DEWA’s operational efficiency is reflected in its low line loss rates for electricity (2%) and water (4.4%), as well as a customer minutes lost (CML) rate of 0.82 minutes per customer per year, all among the lowest globally. The authority has been a pioneer in leveraging digitalization and AI-driven processes to enhance efficiency, reduce costs, and improve service reliability and customer experience.
This strategic approach has yielded significant results, positioning DEWA at the forefront of global utility performance across 13 key parameters and two regional indicators in generation, transmission, distribution, and customer service.
For further details, visit the source: www.zawya.com.
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Published on 2026-04-02 19:06:00 • By the Editorial Desk
