Ooredoo approves updating its dividend policy

Mark
Written By Mark

Ooredoo Group announced the approval of the Board of Directors to update the dividend distribution policy to reflect the new range of the target distribution percentage, which was raised from 40%-60% to 50%-70% of the adjusted net profit.
This update reflects the group’s strong financial position, continued cash flow, and its firm commitment to achieving greater value for its shareholders.
The Ooredoo Group has continuously maintained a dividend payout ratio close to the upper limit of its previous policy, i.e. approximately 60%. Accordingly, the Board of Directors conducted a comprehensive review of the current dividend distribution policy, which included a detailed assessment of the feasibility of increasing the distribution ratio and its implications.
The dividend policy, in effect since 2019 and updated as of October 29, 2025, aims to achieve a sustainable and progressive dividend distribution of between 50% and 70% of adjusted net profit.
Commenting on the decision, His Excellency Sheikh Faisal bin Thani Al Thani, Chairman of the Group’s Board of Directors, said: “I am pleased to announce, on behalf of the Board of Directors, the decision to update the dividend policy, which reflects our firm commitment to achieving greater value for all our shareholders.” His Excellency continued: “After a careful and comprehensive review by the Board of Directors, we are confident that our solid financial position supported by strong liquidity, low reliance on debt, and sustainable cash flow enables us to raise the dividend payout ratio while maintaining the flexibility necessary to invest in our future growth. This decision confirms the strong performance of the group and our continued commitment to rewarding shareholders for their trust and support in us.”

For his part, Mr. Aziz Al Othman Fakhro, Group CEO, said: “This amendment reflects our strong financial performance and our confidence in our strategy aimed at achieving sustainable growth. Ooredoo raised its annual earnings per share by 160% during the period between 2020 and 2024, which reflects the significant added value achieved for shareholders as part of the previous distributions. The enhanced distribution scope embodies our balanced approach to creating value, by rewarding shareholders while ensuring that we maintain sufficient capacity to invest in the company’s growth.”