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UAE hospital operator PureHealth announces first dividend

Dubai: The Abu Dhabi headquartered hospital operator, PureHealth will pass on 20% to shareholders as 2024 dividend, totaling Dh343 million (Dh0.03 a share). The company, which is also the region’s biggest healthcare company by some distance, had Dh1.7 billion as net profit from revenues of Dh25.8 billion.

It was late 2023 that PureHealth went in for an ADX listing, coming out with a heavily subscribed to IPO. The company through 2024 has bulked up its overseas interests, whether in the US or the UK, and consolidated the number of hospitals under its banner in the UAE.

It is gunning for more acquisitions overseas, according to market analysts tracking the stock.

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