UAE telecommunications provider du has announced a higher dividend payout following its best-ever annual profit in 2024. Shareholders will receive 54 fils per share, reflecting the company’s strong financial performance and sustained growth driven by expanding digital services and new revenue streams.
The profitability increase comes when du continues investing in telecom services in the UAE, including 5G expansion, cloud solutions, and AI-driven services for enhanced connectivity across the UAE. Strategic focus on enterprise solutions and digital transformation have contributed significantly towards revenue boost.
With record earnings and a rising subscriber base, du remains committed to enhancing shareholder value while further innovating its telecom and technology offerings. The increased dividend signals confidence in sustained future growth and financial stability.
Industry analysts predict continued momentum for UAE’s telecom sector, fueled by smart city initiatives, AI integration, and next-gen network developments. As competition intensifies, du’s performance highlights its ability to adapt and lead in a rapidly evolving market.
