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Fertiglobe Lifts First-Half Dividend 20% to $150 Million

The Abu Dhabi-listed producer will pay $0.018 a share in October, after first-half profit more than tripled on higher ammonia and urea prices.

Tariq Benali·30 Sept 2026·2 min read
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Tariq Benali Tariq Benali covers business and corporate news across the UAE and MENA for Anecdoted, tracking the deals, leadership moves and regulatory shifts behind the region's companies. tariq@anecdoted.com

Fertiglobe Lifts First-Half Dividend 20% to $150 Million

Fertiglobe will hand shareholders $150 million for the first half of 2026. The Abu Dhabi-listed fertilizer producer approved the cash dividend on Wednesday, a 20% increase on the same period a year earlier.

The payout matches the minimum distribution the company had previously guided to. It pushes total capital returned to shareholders since Fertiglobe's 2021 initial public offering past $3 billion.

Per share, the dividend comes to $0.018, or 6.73 fils. Annualized, that is a yield of roughly 5%.

When the money moves

Payment is expected in October 2026. October 7 is the last date to be entitled to the dividend, October 8 is the ex-dividend date, and the shareholders' registry closes on October 9.

Fertiglobe said the distribution reflects the strength of its financial position, a disciplined framework for allocating capital, and its stated aim of delivering competitive returns to investors.

Profit more than triples

The dividend follows a first half in which net profit reached $470.2 million, against $153.6 million in the same six months of 2025. That is a 206% rise. Higher prices for ammonia and urea, driven by conflict in the Middle East, did most of the work. The $150 million payout is well short of what the company earned in the period.

Revenue for the six months climbed 59% year on year to $2 billion. Adjusted earnings before interest, taxes, depreciation and amortization rose 63% to $713 million.

Regional tensions shaped the trading environment. Security and trade routes came under pressure, and Fertiglobe switched on contingency measures in response — re-routing shipments and arranging short-term warehousing. Its production plants kept running normally, the company said, and shipments out of Egypt and Algeria went ahead as usual.

Grow 2030

Ahmed El-Hoshy, Fertiglobe's chief executive, said the company's spread-out operations and hands-on management of logistics let it keep supplying customers and keep cash flowing through the regional disruption. He said the company is focused on executing Grow 2030, its strategy for growth through the end of the decade, and on delivering attractive returns to shareholders.

Fertiglobe is an ADNOC company. It makes urea and merchant ammonia through four subsidiaries across the UAE, Egypt and Algeria.

It also placed 70th in a 2026 ranking of the region's 100 most valuable companies.