ADNOC’s Fertiglobe tops UAE charts on H1-2024 dividends, confirms Dh551m payout

Dubai: The ADNOC entity Fertiglobe will be paying $150 million – Dh551 million or 6.6 fils a share – as its interim dividend for first-half 2024. Shareholders have been set a record date of October 10.

This makes Fertiglobe as offering the highest dividend yield among UAE listed companies for H1-24. Based on the H1-24 payout, the annualized dividend yield exceeds 5%. (In second place would be another ADNOC entity, ADNOC Drilling, according to market analysts.)