Despite Difficult Political Conditions.. Listed Companies on the Palestine Stock Exchange Recommend Distributing Cash Dividends

Special to SadaNews: In a step that indicates confidence and security in the Palestine Stock Exchange, and the rights available to shareholders in companies, a group of companies has begun to recommend through their boards of directors to the general assembly the distribution of cash dividends and free shares to shareholders, reflecting these companies' commitment and performance stability despite the difficult circumstances in Palestine due to the war on the Gaza Strip and the widespread aggression on the West Bank.

In this regard, SadaNews has monitored a series of disclosures on the stock exchange’s website concerning decisions made by general assemblies to distribute, or boards that have recommended or will recommend to the general assemblies to distribute profits, as follows:

- Arab Paints Company: The assembly approved the board's recommendation to distribute a dividend of 60% in cash from the nominal shares valued at one and a half million shares for the profits of the year 2025.
 
- Palestine Investment Company (APIC): Its board will discuss on 25/03/2026 the issue of distributing profits to shareholders and raising a recommendation to the general assembly in this regard. Al-Quds Pharmaceuticals: The date for the general assembly meeting was set for 15/04/2026, and the board recommended the assembly to distribute profits amounting to 15% of the nominal value of the share in cash.

- Palestine Industrial Investment Company: The date for its board meeting was set for 29/03/2026 to schedule a date for the general assembly meeting and make recommendations regarding the proposed cash distributions.
    
- Tamkeen Palestine Insurance: The board recommended distributing cash dividends to shareholders at a rate of 5% of the paid-up capital after obtaining approval from the Capital Market Authority.

- Golden Wheat Mills: The board recommended to the general assembly to distribute cash dividends to shareholders at a rate of 15% of the nominal value of the share, amounting to a total of 2,250,000 Jordanian Dinars, and scheduled the date for the ordinary general assembly meeting for 21/04/2026.

- National Insurance Company: The board recommended to the general assembly to distribute cash dividends to shareholders for the year 2025 at a rate of 18% of the paid-up capital, amounting to (3330) thousand dollars, after obtaining approval from the Capital Market Authority, and also recommended to set the date for the general assembly meeting on 16/04/2026. 

- Takaful Insurance Company: The board recommended to the general assembly to distribute cash dividends at a rate of 15% of the nominal value of the share after obtaining approval from the Capital Market Authority and set 20/04/2026 as a preliminary date for the general assembly meeting.

- Bank of Palestine: The board recommended distributing dividends of 8% of the paid-up capital, amounting to (21,502,886) dollars to shareholders registered with the Palestine Stock Exchange on Tuesday, 7/04/2026, each based on their share in the capital, conditioned on the approval of the Monetary Authority as follows: (10,751,443) dollars in cash at a rate of 4% of the paid-up capital, and free shares valued at (10,751,443) dollars at a rate of 4% of the paid-up capital.

- United Global Insurance Company: A recommendation was raised to the general assembly in its ordinary meeting to distribute cash dividends amounting to 5% of the company's current capital of 13,800,000 US dollars to the company's shareholders on the date of the ordinary general assembly meeting, after obtaining approval from the Capital Market Authority, and a recommendation was raised to the general assembly in its extraordinary meeting to increase the company's capital to 15 million US dollars by distributing free shares to the company's shareholders, totaling 1,200,000 thousand shares (approximately 8.70%) after obtaining approval from the Capital Market Authority.

The Palestine Stock Exchange announced that it had received the preliminary year-end financial statements for listed companies for the year 2025, by the end of the legal period on 15/02/2026. 

The financial data showed that despite the instability since the beginning of the Corona pandemic, through the war on the Gaza Strip and the West Bank, it returned to levels close to those of 2018 and 2019, where companies achieved net profits of 296 million dollars for the year 2025, comparable to the same value for the aforementioned years, and a significant increase compared to the performance of the year 2024, which amounted to 95 million dollars.

Listed companies on the Palestine Stock Exchange play a pivotal role in supporting the national economy through investments in vital sectors, thus representing a diverse and secure investment basket that enables local investors and Palestinian expatriates to fulfill their responsibilities towards the Palestinian national economy, as listed companies contribute to raising the GDP, reducing unemployment rates, being a primary employer of the workforce directly and indirectly, and their tax revenues contribute to funding the government's general budget, as well as some listed companies providing their services and products for the government, which is facing a real crisis that limits its ability to meet its obligations towards these companies.