ADNOC Distribution announced today that its Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for the first half of 2025, equivalent to 10.285 fils per share. The move reinforces the company’s commitment to delivering sustainable and attractive shareholder returns.
This interim payout represents the first tranche of the anticipated full-year 2025 dividend of $700 million (AED2.57 billion), or 20.57 fils per share, in line with ADNOC Distribution’s 2024–2028 dividend policy. The policy stipulates an annual dividend of $700 million or at least 75% of net profit, whichever is higher, subject to Board approval and shareholder endorsement. It provides investors with clear visibility on expected returns while offering upside potential from future earnings growth.
Shareholders must purchase shares by 30th September 2025 to qualify for the interim dividend, with eligibility based on the register as of 2nd October 2025. Based on a share price of AED3.81 as of 22nd September 2025, the full-year dividend equates to a 5.4% annual yield.
Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said, “The approval of our interim dividend for H1 2025 reflects the strength of our growth strategy and our commitment to delivering consistent value to shareholders. With a clear vision for growth, a strong financial foundation, and focus on innovation and AI, ADNOC Distribution is helping shape the future of mobility and convenience retail while creating long-term value for investors and the communities we serve. Since our IPO in 2017, ADNOC Distribution has more than doubled total shareholders returns, driven by both our steady dividend payouts and strong share price appreciation.”
In H1 2025, ADNOC Distribution reported record first-half EBITDA of $566 million, up 10% year-on-year (YoY), alongside a 12.2% YoY increase in net profit to $358 million. Fuel volumes also reached an all-time high of 7.62 billion liters, marking a 5.6% YoY growth.
As of 30th June 2025, the company maintained a strong balance sheet, with a net debt-to-EBITDA ratio of 0.80x and liquidity of $1.4 billion (AED5.3 billion), including a cash balance of $668 million (AED2.5 billion). This financial strength underpins ADNOC Distribution’s ability to sustain growth and continue generating value for shareholders.
Since listing in 2017, ADNOC Distribution has distributed $5.1 billion (AED18.7 billion) in dividends, including the H1 2025 payout, delivering consistent returns through a mix of market value appreciation and stable shareholder distributions.
(Inputs from WAM)
