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Taqa shareholders approve new dividend policy ABU DHABI, December 14, 2020 Abu Dhabi National Energy Company (Taqa), a regionally leading, fully integrated utilities company, has announced that its shareholders have approved a new progressive dividend policy for 2020-2022.    Further, the Board of Directors have approved an interim dividend payment to shareholders. For the first nine months of 2020, the dividend payment will be AED1.50 fils per share (AED1.687 billion ($460 million) in total).    This payment will constitute the first portion of the full-year 2020 dividend, which is expected to be AED2.50 fils per share (AED2.811 billion in total), which will grow by 10% annually for the following two years (2.75fils per share for 2021 and 3.00 fils per share for 2022).

Liwa irbilUnited kingdomSaudi arabiaMohamed hassan alsuwaidiJasim husain thabetAbu dhabi power corporation adpowerTradearabia news serviceAbu dhabi national energy company taqaTaqa groupDhabi national energy companyExtraordinary general assemblyAbu dhabi power corporationAnnual general assemblyHassan alsuwaidiHusain thabetGroup chief executive officer