ADNOC Distribution Declares Interim Dividend for Shareholders
ADNOC Distribution has announced that its Board of Directors has approved an interim cash dividend for shareholders amounting to 1.285 billion AED (approximately 350 million USD), equating to 10.285 fils per share for the first half of 2025. This decision reinforces the company’s dedication to delivering sustainable and rewarding returns to its investors.
The interim dividend represents the first installment of the total anticipated dividends for 2025, which are projected to reach 2.57 billion AED (about 700 million USD), or 20.57 fils per share. This aligns with the dividend policy set for the years 2024-2028, which stipulates annual distributions of either 2.57 billion AED (700 million USD) or a minimum of 75% of net profits, whichever is higher, subject to the Board’s discretion and shareholder approval.
This policy provides a long-term framework for expected returns to shareholders and the potential for additional gains from future profit growth, reflecting ADNOC Distribution’s ongoing commitment to enhancing sustainable value for its investors.
Key Dates and Expectations
- Last Purchase Date for Shares: September 30, 2025
- Eligibility Determined By: Shareholder register as of October 2, 2025
- Expected Annual Dividend Yield for 2025: 5.4% (based on a share price of 3.81 AED as of September 22, 2025)
Leadership Insights
Badr Saeed Al Lamki, CEO of ADNOC Distribution, stated that the Board’s approval of the interim dividends for the first half of 2025 reflects the strength of the company’s growth strategy and its ongoing commitment to providing valuable and sustainable returns to its shareholders. He highlighted that ADNOC Distribution is actively shaping the future of the mobility and retail sectors, while delivering long-term value to investors and the communities it serves. The company’s clear expansion vision, solid financial foundations, and focus on innovation and AI adoption have led to the doubling of shareholder investment value since its IPO in 2017, driven by regular dividends and strong share price growth.
Financial Performance Highlights
In the first half of 2025, ADNOC Distribution achieved the highest half-year profit before interest, taxes, depreciation, and amortization (EBITDA) in its history, reaching 2.08 billion AED (566 million USD), a 10% year-on-year increase. Furthermore, net profit rose by 12.2% year-on-year to 1.32 billion AED (358 million USD). The company also recorded a record fuel sales volume of 7.62 billion liters for the first half, representing a 5.6% year-on-year growth.
As of June 30, 2025, ADNOC Distribution maintained a robust financial position, with a net debt-to-EBITDA ratio of 0.80 times. The available liquidity stood at 5.3 billion AED (1.4 billion USD), comprising a cash balance of 2.5 billion AED (668 million USD), supporting ongoing growth and value enhancement for shareholders.
Since its initial public offering in 2017, ADNOC Distribution has distributed a total of 18.7 billion AED (5.1 billion USD) in cash dividends, including the interim dividend for the first half of 2025, marking a strong return through market value growth and consistent dividend payments to shareholders.