Economy Local 2026-02-14T13:20:35+00:00

Union Properties Announces 2025 Dividend Payout

Union Properties, for the first time in 20 years, paid dividends to shareholders after achieving a 67.8% profit growth and successfully exiting the loss zone.


Union Properties Announces 2025 Dividend Payout

Union Properties announced the distribution of cash dividends to shareholders for the year 2025, a first in two decades. The company successfully transitioned from losses to profitability through a series of measures, including paying off accumulated debts and achieving cash liquidity of 455 million dirhams. The company's profits rose to 462.5 million dirhams by the end of 2025, a 67.8% increase compared to 275.6 million dirhams in the same period of 2024. The board recommended distributing 4.5% of the capital, equivalent to 3 fils per share. This move became feasible after the company wrote off accumulated losses, which previously constituted 68.55% of its 4.289 billion dirham capital.