Dubai – Mubasher: National Central Cooling Company (Tabreed) held its annual general assembly meeting, during which the shareholders approved a second-half dividend payment of 6.50 fils per share.
This brings the full-year dividend to 13 fils per share, according to a press release.
This dividend demonstrates Tabreed’s commitment to delivering attractive returns while continuing to invest in high‑quality, long‑term opportunities.
Despite significant M&A investments during 2025, the company’s dividend payout as a percentage of net profit increased to 79%, consistent with its strong track record.
Tabreed’s Chairman, Bakheet Al Katheeri, said: “In 2025, Tabreed delivered strong operational performance and advanced its long‑term growth strategy. Our core business remains robust, with stable operations, healthy margins, and high asset availability.”
“Our balance sheet remains strong, and we continue to maintain investment‑grade metrics, which is a core priority, and Tabreed’s strong and visible growth pipeline gives us exceptional confidence in the future and reflects our commitment to sustainable value creation for our shareholders,” Al Katheeri noted.
He noted: “Our strategy is disciplined and balanced: rewarding shareholders today while strengthening the company for tomorrow. We are well positioned to capitalize on the growth already secured through long-term concessions and new opportunities ahead of us.”
Tabreed logged net profits after tax valued at AED 495.90 million in 2025, while the revenues hit AED 2.45 billion.
