Adnoc targets record Dh158B in dividends across its listed firms

Adnoc has set an ambitious new benchmark for shareholder returns, announcing plans to distribute a record Dh158 billion ($43 billion) in dividends across its six listed companies between 2025 and 2030.

- Issac John [e-mail]

The target — nearly double the Dh86 billion ($23 billion) paid since its first initial public offering in 2017 — underscores the Abu Dhabi energy giant’s focus on disciplined growth, strong governance, and long-term investor value creation.

The announcement came during Adnoc’s inaugural Investor Ma-jlis in Abu Dhabi, which brought together more than 500 key stakeholders, including investors, analysts, and senior leadership. The event highlighted the group’s transformation into a diversified, technology-driven energy powerhouse, with artificial intelligence (Al) now at the core of its productivity and efficiency gains.

‘Adnoc’s listed companies — Ad-noc Distribution, Adnoc Drilling, Adnoc Gas, Adnoc Logistics & Services (L&S), Borouge, and Fer-tiglobe — collectively account for more than Dh550 billion ($150 billion) of the Abu Dhabi Securities Exchange’s market capitalisation, representing nearly 40 per cent of all dividends paid on the ADX in 2024. Several of these companies will soon begin paying dividends on a quarterly basis, aligning payout frequency with global best practices and enhancing investor confidence.