Overview
- At its inaugural Investor Council in Abu Dhabi, ADNOC said its six listed companies intend to distribute AED 158 billion in dividends by 2030, subject to regulatory approvals.
- ADNOC Distribution, ADNOC Gas and ADNOC Logistics & Services will shift to quarterly dividends, with ADNOC Drilling already paying quarterly to provide more frequent shareholder cash flow.
- Since the first listing in 2017, AED 86 billion has been paid in dividends, and the six listed entities exceeded AED 550 billion in market value and provided up to 40% of ADX dividends in FY2024.
- ADNOC highlighted deployment of tools such as Neuron 5 to cut unplanned downtime by 50%, aiming to bolster operational reliability and cash generation.
- In a related move, ADNOC Logistics & Services and TA’ZIZ agreed a 50‑year deal to build the UAE’s first chemicals‑dedicated port in Ruwais, a >AED 1 billion project due in Q4 2026 with expected AED 4.8 billion returns over the first 27 years.