Talabat, the Dubai-headquartered online ordering and delivery platform, has announced the approval of a significant interim dividend amounting to approximately $202 million. The dividend is set at 3.2 fils per share, reflecting the company’s strong financial performance in the first half of the year.
A Signal Of Strong Profitability
The approved dividend represents a payout of 90% of Talabat’s reported net income for the first half of 2025. This substantial distribution to shareholders underscores the company’s robust profitability and positive cash flow, marking a significant milestone for one of the region’s leading tech companies. The company has indicated its goal to maintain this 90% payout ratio for the full fiscal year, although the final dividend will be subject to board and shareholder approval at the annual general meeting in 2026.
Dividend Payout Schedule
Talabat’s board has set a clear timeline for the dividend distribution. The ex-dividend date is scheduled for October 1, 2025, with the record date for shareholders set for the following day on October 2, 2025. The approved dividend payment is scheduled to be disbursed to eligible shareholders on October 21, 2025.
About Talabat
Talabat is a leading online food and grocery delivery platform operating across the Middle East and North Africa. Founded in Kuwait in 2004, the company is now headquartered in Dubai, UAE, and is a subsidiary of the global food delivery giant Delivery Hero. The platform connects millions of users with thousands of restaurants, grocery stores, and other retail partners throughout the region.
Source: Tech in Asia
