ADNOC Distribution Board Approves $350 Million Interim Dividend For First Half Of 2025

ADNOC Distribution has announced that its Board of Directors approved an interim dividend of $350 million (AED1.285 billion) for the first half of 2025, equating to 10.285 fils per share. This decision aligns with the company's strategy to provide sustainable and appealing shareholder returns. The interim dividend is part of the anticipated full-year dividend of $700 million (AED2.57 billion), or 20.57 fils per share, as per ADNOC Distribution’s five-year dividend policy from 2024 to 2028.

The policy outlines an annual dividend of $700 million or at least 75% of net profits, whichever is greater, subject to Board discretion and shareholder approval. This approach offers long-term clarity on expected shareholder returns and potential benefits from future earnings growth. Shareholders must purchase shares by 30th September 2025 to qualify for the interim dividend, with eligibility based on records in the share register on 2nd October 2025.

In the first half of 2025, ADNOC Distribution reported its highest-ever EBITDA for this period at $566 million, marking a 10% increase year-on-year (YoY). This contributed to a net profit rise of 12.2% YoY, reaching $358 million. Fuel volumes also hit a record high for the first half at 7.62 billion litres, up by 5.6% YoY.

As of June 30th, 2025, ADNOC Distribution maintained a robust financial standing with a net debt-to-EBITDA ratio of 0.80x and liquidity amounting to $1.4 billion (AED5.3 billion), which includes a cash balance of $668 million (AED2.5 billion). These figures support ongoing growth and value creation for shareholders.

Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, stated: "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." He emphasized that with a clear vision for growth and focus on innovation and AI, the company is shaping the future of mobility and convenience retail while creating long-term value for investors and communities.

Since its initial public offering (IPO) in 2017, ADNOC Distribution has more than doubled total shareholder returns through steady dividends and strong share price appreciation. The full-year dividend for 2025 would yield an annual return of 5.4%, based on a share price of AED3.81 as recorded on September 22nd, 2025.

ADNOC Distribution has distributed $5.1 billion (AED18.7 billion) in dividends since its IPO in 2017, including the H1 2025 payout. This reflects solid returns through market value growth and consistent shareholder payouts over time.

With inputs from WAM