Dividends

ADNOC Distribution is committed to deliver attractive shareholder distribution supported by strong sustainable earnings growth.

Dividends
Adnoc-Distribution

Dividend policy

Under the Articles of Association, the Company may distribute quarterly, semi-annual and/or annual dividends to shareholders from operating profits and/or accumulated profits of the Company. Since its IPO, the Company has historically aimed to pay a dividend twice each fiscal year, with an initial interim payment in October and a second payment in April of the following year.

In making recommendations to shareholders regarding the payment of dividends, the Board of Directors considers the cash management requirements of the business for operating expenses, interest expenses, and anticipated capital expenditures. The Board also considers market conditions, the operating environment, and outlook for the business.
The Company’s dividend policy sets an annual dividend of AED 2.57 billion (AED 0.2057 per share) or minimum 75% of net profit, whichever is higher, for the years 2024-2028. The policy offers shareholders higher payback visibility for the upcoming five years. It provides a balance between allocating fund towards the Company's ambitious growth projects, thereby enhancing shareholder value, while also providing appealing annual returns of over 5%. Furthermore, this policy offers dividend upside potential from future earnings growth, further benefiting shareholders.

ADNOC Distribution is unwavering in its commitment to fulfilling its strategic goals and providing long-term sustainable returns to its shareholders.