Virtuglob approves 150M dividends for H1 2026
Vertiglob announced its approval to distribute $150 million (551 million AED) in cash dividends for the first half of 2026, representing a 20% increase compared to the previous year. This aligns with the company's guidance to achieve an annual return of approximately 5%. The dividends are part of the company's efforts to enhance shareholder returns and demonstrate its financial resilience through strong cash flows despite geopolitical challenges and regional disruptions. The dividends are expected to be paid in October 2026, following regulatory approvals. Vertiglob is the largest producer of nitrogen fertilizers in the Middle East and North Africa and the world's largest sea-based exporter of urea and ammonia, in partnership with ADNOC and XRG.
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