Today's Edition
ABU DHABI (ALETIHAD)
Waha Capital has been included in the recently launched FTSE ADX Dividend Stars Index, a new income-focused benchmark introduced by the Abu Dhabi Securities Exchange (ADX) in partnership with FTSE Russell, according to a company statement.
The FTSE ADX Dividend Stars Index comprises 17 companies that together accounted for more than 70% of the total cash dividends distributed by ADX-listed companies in 2025.
The index is designed to highlight companies with strong and consistent dividend profiles and to provide a transparent benchmark for institutional and income-oriented investors.
Commenting on the inclusion, Mohamed Hussain Al Nowais, Managing Director of Waha Capital, said: “Waha Capital’s inclusion in the FTSE ADX Dividend Stars Index reflects the strength, consistency, and sustainability of our earnings profile.
Our ability to deliver attractive dividends over time is anchored in our diversified business model that is underpinned by disciplined capital allocation. As Abu Dhabi’s capital markets continue to attract global investor interest, we remain focused on delivering long-term value as well as consistent and reliable income for our shareholders.”
The company said it has established a consistent dividend track record supported by strong cash generation across its diversified investment platform. In 2024, Waha Capital declared a cash dividend of 10 fils per share on its net profit.
According to the statement, the FTSE ADX Dividend Stars Index spans a range of sectors including financials, energy, industrials, consumer sectors and basic materials, and applies the FTSE Target Diversification methodology to balance quality and concentration while aiming to deliver stable income characteristics.
Waha Capital’s inclusion follows what the company described as a strong performance during 2025.
For the first nine months of the year, the company reported a 22% year-on-year increase in net profit attributable to shareholders to Dh343 million, supported by recurring income from its asset management arm, value realisation within its private investments business, and asset monetisation and rental income from its industrial and logistics platform.
