Ooredoo Kuwait announced that shareholders approved a record cash dividend of 150 fils per share at the company’s Ordinary and Extraordinary General Assembly held March 4, 2026. The payout, representing 150% of nominal share value after treasury shares, follows fiscal year 2025 results that delivered 9% revenue growth, 20% EBITDA increase, and net profit up 56% to KWD 77 million. The assembly recorded 93% shareholder attendance.
Announcement Specifics
The General Assembly for the fiscal year ending December 31, 2025, approved the highest dividend in company history, surpassing the 90 fils per share approved in 2025 for fiscal year 2024. Shareholders also appointed KPMG Al-Qenaei & Partners as the external auditor for 2026. The record dividend reflects operational resilience in Kuwait’s saturated telecommunications market and marks a significant increase in shareholder returns.
Executive Perspectives
“Our consolidated revenues grew by 9%, while EBITDA increased by 20%. Net profit rose by 56% to reach KWD 77 million. These results reflect our firm commitment to sustainable growth and our focus on delivering long-term value to our shareholders.”
— Sheikh Nasser bin Hamad bin Nasser Al-Thani, Chairman at Ooredoo Kuwait
Why it matters: The performance metrics demonstrate the company’s ability to expand profitability in a competitive market while maintaining shareholder value delivery.
“I am pleased to announce our positive financial results for 2025, which reflect strong performance and sustainable growth, reaffirming the strength of our strategy and the clarity of our vision.”
— Abdulaziz Yaqoub Al-Babtain, CEO at Ooredoo Kuwait
Why it matters: The statement signals strategic clarity amid the company’s ongoing digital expansion initiatives.
Industry Context
Kuwait’s telecommunications sector remains highly competitive, with major players including Zain and stc, which recently approved 38 fils per share in dividends. Ooredoo Kuwait’s outperformance aligns with broader Ooredoo Group trends, including raised payout ratios to 50-70% of net profit across regional operations. As part of Ooredoo Group’s MENA footprint, the Kuwait subsidiary’s strong performance bolsters the group’s regional digital leadership position and demonstrates the viability of mature market operations in delivering sustained shareholder returns.
Conclusion
Ooredoo Kuwait enters 2026 with strengthened financial foundations, positioning the company to sustain growth momentum through continued innovation and solidify its role as a leading digital telecommunications partner in the Kuwaiti market.
Source: https://mena-fintech.org/news/ooredoo-kuwait-approves-record-cash-dividend-of-150-fils-per-share/
