Saudi-listed Acwa has announced that its Board of Directors has recommended a cash dividend distribution of approximately SAR 352.6 million ($94.5 million) for the financial year ended December 31, 2025, as the company continues to focus on delivering sustainable shareholder value.

The proposed dividend represents SAR 0.46 per share, equivalent to 4.6 per cent of the share’s nominal value.

Eligible shareholders will be those registered in the company’s shareholders register maintained by the Securities Depository Centre Company (Edaa) at the end of the second trading day following the General Assembly meeting, the date of which will be announced later.

The Board has also approved a dividend distribution programme covering 2026 to 2030, aimed at providing investors with greater transparency and predictability on future returns.

Under the framework, Acwa intends to distribute at least 30 per cent of annual net profit attributable to equity holders, subject to its financial position, liquidity needs and expansion plans.

The programme will combine cash dividends and bonus shares, with cash dividends accounting for at least 50 per cent of total declared distributions.

The initiative will take effect in 2027 and apply to distributions related to the financial year ending December 31, 2026, subject to shareholder approval.

Abdulhameed Al Muhaidib, Chief Financial Officer of Acwa, said: "This dividend recommendation reflects both our confidence in the Company's financial strength and our long-term commitment to disciplined value creation. Alongside our recommended dividend for 2025, the approval of a multi-year dividend program provides shareholders with greater transparency to our shareholders distribution approach while preserving the flexibility required to fund future growth opportunities. As we continue executing our strategy, we remain focused on maintaining a strong balance sheet, investing for sustainable, profitable growth, and delivering attractive long-term returns to our shareholders." -OGN/TradeArabia News Service