Shareholders of Fertiglobe, the largest nitrogen fertiliser producer in the Middle East and North Africa, approved a cash dividend of AED496 million ($135 million) for the second half of 2025.
The approval brings the total annual dividend to $260 million, or 11.6 fils per share, UAE state-run news agency Wam reported on Monday.
The cumulative distributions by the fertiliser producer, based in Abu Dhabi and majority owned by Abu Dhabi National Oil Company, have risen to around $3 billion since its initial public offering, implying a total yield of 5 percent.
Last month Fertiglobe said revenue increased by 41 percent year on year to $2.8 billion, while earnings before interest, tax, depreciation and amortisation rose 57 percent to just over $1 billion in 2025.
It expects near-term nitrogen market fundamentals to remain robust, driven by healthy demand from major import markets and tight supply conditions.
The company’s share price on ADX closed 1.7 percent higher at AED2.94 on Monday. It is up 18 percent since January 1.


