Talabat Holding, a premier on-demand online ordering and delivery service in the MENA region, announced on Tuesday an interim dividend distribution of 3.188 fils per share, totaling approximately $202 million. This payout accounts for a 90% ratio of the net income reported for the first half of the year.
With the latest closing price, the interim dividend translates to an annualized yield exceeding 5.4%. Management reaffirmed its goal to distribute at least $400 million in dividends for the full year 2025, consistent with previous guidance.
Although a minimum payout target is set, the management plans to maintain a 90% payout ratio of net income for the entire year. The final dividend approval will depend on the Board of Directors’ recommendation and shareholder approval at the Annual General Meeting (AGM) in 2026.
Tomaso Rodriguez, CEO of Talabat, stated: “Today’s interim dividend declaration highlights our business’s resilience and dedication to shareholder returns. Our asset-light model and strong cash flow enable significant earnings distribution while supporting our growth strategy. We are on track to meet or surpass our annual dividend goals.”
Shareholders were reminded of important dates for this dividend. The last day to buy shares eligible for the dividend is Tuesday, September 30. The ex-dividend date is Wednesday, October 1, and shares bought on or after this date won’t qualify. The record date, finalizing eligible shareholders, is Thursday, October 2. Dividend payments to eligible shareholders are set for Tuesday, October 21.
