ADNOC Distribution shareholders to get H1-2024 dividend on September 30

Dubai: September 30 is the record date for shareholders in ADNOC Distribution to get the 10.28 fils a share as part of a Dh1.28 billion interim dividend for H1-2024.

The ADNOC entity will make the second payout for its 2024 performance in April 2025. ADNOC Distribution’s five-year dividend policy sets an annual shareholder payment of $700 million – or a minimum of 75% of net profits – whichever is higher until 2028. (Record date is when investors should hold the stock to be eligible for dividend.)

Source: Gulf News