Emirates NBD pays $1.7bn in dividends for 2025
Emirates NBD, the largest bank by assets in Dubai, has paid AED6.3 billion ($1.7 billion) in dividends for 2025.
The payment was completed on March 2, the lender said in a statement to the Dubai Financial Market, which reopened on Wednesday.
The bank had proposed an ordinary dividend of 100 fils per share in January. This was approved by shareholders at the general assembly meeting on February 17.
Emirates NBD reported a 4 percent year-on-year increase in net profit to AED24 billion for 2025. Total income rose 12 percent to AED49 billion.
In January India’s competition regulator gave the green light to its plan to acquire a majority stake in RBL Bank.
Emirates NBD, which is part-owned by the Investment Corporation of Dubai, agreed last October to take a 60 percent share in the Indian private lender for $3 billion through a preferential issue.
Shares in Emirates NBD fell by 5 percent on DFM on Wednesday – as did many other blue-chip stocks traded in Dubai and Abu Dhabi. Both exchanges imposed a 5 percent limit for the first day of trading since conflict broke out in the Gulf.
The bank’s shares stand at AED31.35, up 17 percent in the year to date.
More on the conflict:
- Iran conflict tests Bahrain’s fragile finances
- UAE spent $1bn a day downing missiles and drones, analysts say
- Matein Khalid: Global markets price stagflation risk from war
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