Salik to pay all of first-half profit as dividend

Salik to pay all of first-half profit as dividend

Dubai toll operator Salik has proposed to pay 100 percent of its net profit for the first half of 2025 as a dividend. The dividend payout is AED771 million ($210 million), equivalent to 10.3 fils per share, for the first six months, the company said in a statement to the Dubai Financial Market. Total revenue increased by 40 percent year on year to AED1.5 billion in the first half of 2025. The second-quarter top line rose by 46 percent annually t…