Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. The company operates through four segments: DEWA, EMPOWER, IPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision and maintenance of cooling plants; development, operation, and maintenance of power and water plants under the independent water producer (IPP) model; and purification and sale of potable water. The company also provides information technology infrastructure, networking, computer system housing, and data entry services; communication equipment, software design, data classification and analysis, and data centre co-location services; air conditioning, ventilation, and air filtration system installation, and maintenance services; project development and consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services. In addition, it invests and manages commercial, industrial, retail trade, and energy enterprises; implements energy measures in buildings; manufactures insulated pipes; and manages and operates satellite. Additionally, the company provides satellite services; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading services; solar energy systems rental and installation services; and space situational tracking, monitoring, awareness services. Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.
Dubai Electricity and Water Authority Dividend Announcement
• Dubai Electricity and Water Authority announced a quarterly dividend of د.إ0.06 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-17
• Dubai Electricity and Water Authority annual dividend for 2024 was د.إ0.19
• Dubai Electricity and Water Authority annual dividend for 2023 was د.إ0.12
• Dubai Electricity and Water Authority's trailing twelve-month (TTM) dividend yield is 6.6%
• Dubai Electricity and Water Authority's payout ratio for the trailing twelve months (TTM) is 87.72%
Dubai Electricity and Water Authority Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-17 | د.إ0.06 | quarterly | 2024-10-31 |
| 2024-04-09 | د.إ0.06 | quarterly | |
| 2024-04-05 | د.إ0.06 | quarterly | 2024-04-26 |
| 2023-10-17 | د.إ0.06 | quarterly | 2023-10-26 |
| 2023-04-19 | د.إ0.06 | quarterly | 2023-04-28 |
| 2022-12-21 | د.إ0.04 | quarterly | 2023-01-01 |
| 2022-10-19 | د.إ0.06 | quarterly | 2022-10-26 |
Dubai Electricity and Water Authority Dividend per year
Dubai Electricity and Water Authority Dividend growth
Dubai Electricity and Water Authority Dividend Yield
Dubai Electricity and Water Authority current trailing twelve-month (TTM) dividend yield is 6.6%. Interested in purchasing Dubai Electricity and Water Authority stock? Use our calculator to estimate your expected dividend yield:
Dubai Electricity and Water Authority Financial Ratios
P/E ratio19.95
PEG ratio1.20
P/B ratio1.60
ROE8.01%
Payout ratio87.72%
Current ratio0.64
Quick ratio0.60
Cash Ratio0.20
Dubai Electricity and Water Authority Dividend FAQ
How much is the next Dubai Electricity and Water Authority dividend?
Dubai Electricity and Water Authority's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dubai Electricity and Water Authority dividend. The next Dubai Electricity and Water Authority dividend will be released in April, or October.
When is Dubai Electricity and Water Authority dividend paid?
Dubai Electricity and Water Authority pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Dubai Electricity and Water Authority pay?
The specific amount of Dubai Electricity and Water Authority dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dubai Electricity and Water Authority's dividend history.
Does Dubai Electricity and Water Authority stock pay dividends?
Yes, Dubai Electricity and Water Authority does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dubai Electricity and Water Authority's dividend history.
How much dividend does Dubai Electricity and Water Authority pay?
Dubai Electricity and Water Authority paid د.إ0.186 in 2024, د.إ0.124 in 2023, د.إ0.103 in 2022, د.إ0.0 in 2021, and د.إ0.0 in 2020.
How often does Dubai Electricity and Water Authority pay dividends?
Dubai Electricity and Water Authority typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, and October.
What is Dubai Electricity and Water Authority's dividend yield?
The current dividend yield for Dubai Electricity and Water Authority is 6.6%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Dubai Electricity and Water Authority's exact dividend yield.
When does Dubai Electricity and Water Authority go ex dividend?
Dubai Electricity and Water Authority's ex-dividend date for the latest dividend was on 2024-10-17. Dubai Electricity and Water Authority typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Dubai Electricity and Water Authority dividend paid?
Dubai Electricity and Water Authority pays dividends on a quarterly basis, typically around April, or October, but the exact dates can vary each year.
Will Dubai Electricity and Water Authority increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Dubai Electricity and Water Authority will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Dubai Electricity and Water Authority dividend per share?
Dubai Electricity and Water Authority paid د.إ0.186 per share in 2024 and د.إ0.124 per share in 2023. The amount of dividend per share that Dubai Electricity and Water Authority pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Dubai Electricity and Water Authority a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Dubai Electricity and Water Authority a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Dubai Electricity and Water Authority a dividend stock?
Yes, Dubai Electricity and Water Authority is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dubai Electricity and Water Authority a good dividend stock?
Whether Dubai Electricity and Water Authority is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dubai Electricity and Water Authority has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dubai Electricity and Water Authority as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Dubai Electricity and Water Authority as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Dubai Electricity and Water Authority pay dividends monthly?
Dubai Electricity and Water Authority typically pays dividends on a quarterly basis.
Does Dubai Electricity and Water Authority pay dividends quarterly?
Dubai Electricity and Water Authority currently pays dividends on a quarterly basis.
Has Dubai Electricity and Water Authority ever paid a dividend?
Yes, Dubai Electricity and Water Authority has a history of paying dividends to its shareholders. Dubai Electricity and Water Authority is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dubai Electricity and Water Authority dividend stocks?
To buy Dubai Electricity and Water Authority you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Dubai Electricity and Water Authority stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Dubai Electricity and Water Authority stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Dubai Electricity and Water Authority pay dividends 2024?
Dubai Electricity and Water Authority pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Dubai Electricity and Water Authority increase its dividend in 2024?
Decisions regarding Dubai Electricity and Water Authority dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Dubai Electricity and Water Authority dividend overview you can look into the above table of dividend history.
How Dubai Electricity and Water Authority dividend works?
The Dubai Electricity and Water Authority dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Dubai Electricity and Water Authority's dividend process works:
1. Determination of Dividend: Dubai Electricity and Water Authority's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dubai Electricity and Water Authority publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dubai Electricity and Water Authority distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dubai Electricity and Water Authority are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Dubai Electricity and Water Authority's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dubai Electricity and Water Authority publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dubai Electricity and Water Authority distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dubai Electricity and Water Authority are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Dubai Electricity and Water Authority dividends paid?
Dubai Electricity and Water Authority dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dubai Electricity and Water Authority sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dubai Electricity and Water Authority distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dubai Electricity and Water Authority declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Dubai Electricity and Water Authority sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dubai Electricity and Water Authority distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dubai Electricity and Water Authority declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Dubai Electricity and Water Authority pay dividends?
Dubai Electricity and Water Authority typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Dubai Electricity and Water Authority pay dividends?
The general pattern is that Dubai Electricity and Water Authority pays dividends around April, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dubai Electricity and Water Authority dividend safe?
The safety of Dubai Electricity and Water Authority's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Dubai Electricity and Water Authority's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dubai Electricity and Water Authority's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Dubai Electricity and Water Authority's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dubai Electricity and Water Authority's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.