ALEC Holdings has announced that its Board of Directors has approved an interim dividend distribution of AED 100 million for the six-month period ended June 30, 2026.
The Dubai Financial Market-listed company confirmed that the decision was approved through a Board Resolution by Circulation on Wednesday, October 14, 2026, at 9:30 AM.
The dividend distribution relates to the company’s financial performance during the first half of 2026.
According to the official disclosure submitted to the Dubai Financial Market, the dividend timetable is as follows:
- Last Entitlement Date: October 22, 2026
- Ex-Dividend Date: October 23, 2026
- Shareholder Register Closing Date: October 26, 2026
- Dividend Payment Date: October 29, 2026
Shareholders seeking eligibility for the interim dividend must purchase or hold eligible shares by the last entitlement date of October 22, 2026, subject to applicable market settlement rules.
The company’s shares will begin trading ex-dividend on October 23, 2026, meaning investors purchasing shares on or after that date will not qualify for this distribution.
Eligible shareholders are scheduled to receive their dividend payments on October 29, 2026.
The announcement confirms the total dividend distribution of AED 100 million but does not specify the dividend amount per share.
Source: ALEC Holdings
Disclaimer: This article is for informational purposes only and should not be construed as investment, financial, or legal advice.
