Dubai Electricity and Water Authority PJSC shareholders approve payment of AED 3.1 billion in dividends

Dubai Electricity and Water Authority PJSC shareholders approve payment of AED 3.1 billion in dividends), the Emirate of Dubai’s exclusive electricity and water services provider and majority owner of the largest cooling services provider, which is listed on the Dubai Financial Market , the next twelve-month dividend yield is 5.0% with reference to IPO share price of AED 2.48 per share.

“Thanks to the insightful vision and wise directives of our wise leadership, Dubai has become a global hub for trade, finance, tourism, and green economy. DEWA plays a crucial role in ensuring that Dubai’s infrastructure keeps pace with the increasing demand for energy and water.

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