Salik Company has approved an interim cash dividend of AED 704.04 million for the first half of 2026, reflecting nearly the entirety of the company’s net profit for the period. This distribution equates to 9.3872 fils per share and was authorized at a board meeting chaired by Mattar Al Tayer on Tuesday.

The company has maintained a consistent dividend policy, distributing 100 percent of its distributable net profit to shareholders. In recent years, Salik’s payouts have shown a steady upward trend, with dividends totaling AED 1.1 billion in 2023. For comparison, the company paid AED 544.7 million for the first half of 2024 and AED 619.8 million for the second half of 2024, followed by AED 770.9 million for the first half of 2025. It also proposed a dividend of AED 890.3 million for the latter half of 2025, amounting to 11.8712 fils per share.

Shareholders eligible for the latest dividend must hold shares by October 14, with the register closing on October 16.

Beyond its core tolling operations, Salik has been broadening its portfolio into digital mobility and parking services. Ancillary revenue almost doubled year-over-year, reaching AED 17.2 million in the first half of 2026. This growth has been supported by strategic partnerships, including collaborations with Parkonic, Dubai Mall, and Dubai Airports to enhance parking payment solutions.

Further expansion efforts involve partnerships with the Dubai Integrated Economic Zones Authority and Shamal, aimed at developing Salik’s mobility business. Meanwhile, the company’s tolling services continue to benefit from sustained population growth, tourism, and economic activity in Dubai.

Salik operates under a 49-year concession agreement with Dubai’s Roads and Transport Authority, valid until 2071.