Abu Dhabi – Mubasher: The shareholders of Fertiglobe approved cash dividends amounting to $700 million, equivalent to AED 0.30 per share at a total of AED 2.57 billion, for the second half (H2) of 2022.
The last entitlement and ex-dividend dates will be 19 and 20 April 2023, respectively, according to a bourse filing.
This will bring the full-year dividends to $1.45 billion, equivalent to AED 0.64 per share at a total value of AED 5.32 billion.
It is worth noting that the annual general meeting (AGM) passed the H2-22 dividends distribution on 11 April 2023.
Sultan Ahmed Al Jaber, Chairman of Fertiglobe, highlighted: “Since listing on the ADX in 2021, the company has delivered robust performance and embarked on vital initiatives to drive the energy transition and low-carbon economy, in line with Abu Dhabi and the UAE’s sustainability ambitions.”
“Looking ahead, Fertiglobe is well positioned to create sustainable value, making meaningful progress on its ambitions as it capitalises on a powerful and strategically located operating platform, world-scale assets, and unique commercial and logistics capabilities,” Al Jaber continued.
Last year, the ADX-listed company achieved net profits worth $1.82 billion, higher by 87% than $975.90 million in 2021.
