In 2024, the UAE was among 17 countries that set new dividend records, contributing to a worldwide surge that pushed total payouts to a record-breaking $1.75 trillion. This marked a 6.6 percent rise from the previous year, driven by strong financial performance across key industries.
A report from trading platform eToro highlighted that UAE-listed firms continued to deliver solid dividend returns, supported by strength in banking, energy, and real estate. These sectors played a significant role in boosting investor confidence.
Banks in the UAE benefited from higher interest rates and economic expansion. Abu Dhabi Islamic Bank increased its dividend to 50 percent of its annual profit, reflecting the sector’s financial health.
Energy companies also played a vital role in the dividend surge. ADNOC Gas distributed $3.41 billion in dividends, backed by strong oil prices and a commitment to steady annual growth of 5 percent. The real estate sector saw a similar trend, with Emaar Properties doubling its payout to 8.8 billion dirhams ($2.4 billion) after achieving record-breaking property sales.
Saudi firms also contributed to the region’s dividend expansion. Despite a dip in net profit, Aramco paid out $85.4 billion in 2024, while Al Rajhi Bank distributed SR10.84 billion ($2.89 billion) through multiple payments.
For income-focused investors, dividends remain an attractive strategy, offering a reliable revenue stream and long-term growth potential. However, some of the exceptional increases seen in 2024, such as Emaar’s full capital payout, may not be repeated annually as market conditions shift.
Despite these considerations, the UAE’s strong corporate earnings and investor-friendly policies ensure that its dividend growth outlook remains positive. As the country continues to attract investment, it solidifies its reputation as a stable and rewarding market for shareholders.
