ADNOC Distribution aims to pay dividends twice during each fiscal year, with an initial payment in October and a second payment in April the following year.
Our dividend policy sets a dividend of Min. SD 700 million for 2023, and minimum 75% of distributable profits for the years thereafter, supported by robust cash generation and balance sheet strength.
Since our IPO in 2017, we have consistently increased capital returns to our shareholders through our progressive dividend policy with a dividend track record of USD 400 million for 2018, USD 650 million for 2019, USD 700 million for 2020, and USD 700 million for 2021.