Amanat approves Dh75m dividend as H1 profit jumps 46%

Amanat Holdings shareholders will receive a Dh75 million interim cash dividend after the Dubai-listed healthcare and education firm reported a 46% surge in first-half net profit to Dh153.3 million. The payout represents 3% of the company’s issued share capital, or 3 fils per share, marking the first distribution under a newly approved three-year dividend policy. Revenue for the six months ended 30 June 2026 climbed 24% to Dh582.5 million, compared to Dh468.4 million during the same period last year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 30% to Dh226.4 million, while EBITDA margins improved to 39% from 37% a year earlier. The company attributed the growth to record student enrolments and expanded bed capacity across its healthcare assets. Dh1.5 billion investment strategy The board of directors announced a planned deployment of Dh1.5 billion over the next three years to fund organic growth, greenfield developments, and acquisitions. According to Chairman Dr. Ali bin Harmal Aldhaheri, the group has already committed or deployed more than Dh500 million of this capital toward capacity expansion and new service lines. The company is targeting a return on equity of at least 10%. Amanat’s new dividend policy targets a minimum annual cash distribution of 7% of issued share capital, equivalent to 7 fils per share, subject to regulatory and shareholder approvals. The policy follows a period of consolidation, including the acquisition of the…