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Utilities and Energy Company in Dubai
Dubai Electricity and Water Authority was created in 1992 by merging the Dubai Electricity Company and the Dubai Water Department, both founded in 1959. It is the exclusive provider of…
Listed since 2026 · updated October 2026
Dubai Electricity and Water Authority was created in 1992 by merging the Dubai Electricity Company and the Dubai Water Department, both founded in 1959. It is the exclusive provider of electricity and drinking water in Dubai, according to its Dubai Financial Market profile. Under Law No. 27 of 2021 it became a public joint stock company, and its shares were listed on the DFM in April 2022. Its website also covers renewable energy, energy storage and digital services. There are 50 billion shares with a par value of AED 0.01, and dividends are paid twice a year.
Market figures at the close on 29 October 2026, from Dubai Financial Market (DFM) data.
| DFM symbol | DEWA |
|---|---|
| ISIN | AED001801011 |
| DFM sector | Utilities |
| Closing price | AED 2.71 |
| 52-week range | AED 2.47 – AED 3.15 |
| Market value | AED 136 billion |
| Shares in issue | 50,000,000,000 |
| Par value | AED 0.01 |
| Dividend yield, last 12 months | 4.58% Cash dividends of AED 0.124 a share with an ex-date in the 12 months to 29 October 2026, divided by the closing price |
| Listed on the DFM | 12 April 2022 |
| Established | 1992 |
| Financial year ends | December |
| Auditor | KPMG |
| Chair | Majid Hamad Rahma Al Shamsi |
| Ex-dividend date | Cash dividend | Per share |
|---|---|---|
| 15 October 2026 | 620% of par value | AED 0.062 |
| 10 April 2026 | 620% of par value | AED 0.062 |
Sources: DFM trading summary for DEWA, DFM corporate actions, DFM dividends distribution summary. Checked October 2026. Share prices change every trading day; this is not investment advice.
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