ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced a $350 million (AED1.285 billion) interim cash dividend for the first half of 2025, equivalent to 10.285 fils per share.
CEO Eng. Bader Saeed Al Lamki said the results demonstrate the company’s resilience and future-focused strategy.
“With a clear vision for growth, a strong financial foundation, and focus on innovation and AI, ADNOC Distribution is helping shape the future of mobility and convenience retail while creating long-term value for investors and the communities we serve.”
Non-fuel operations are becoming a bigger part of ADNOC Distribution’s business, with non-fuel gross profit rising 14.9% and ADNOC Rewards users increasing 19.5% to nearly 2.5 million. The company is rolling out over 20 AI-driven initiatives, from smarter convenience retailing to AI-enabled station management, as it positions itself as an AI-native mobility player.
The payout, scheduled for October, reflects the company’s strong financial performance and ongoing commitment to returning value to shareholders.
This interim dividend is the first instalment of the company’s expected $700 million full-year dividend, in line with ADNOC Distribution’s five-year dividend policy (2024–2028). The policy guarantees at least $700 million annually or 75% of net profit—providing predictability and potential upside from future growth.
Record results in H1 2025
For the first half of 2025, ADNOC Distribution reported:
-
Record EBITDA: $566 million, up 10% year-on-year
-
Net profit: $358 million, up 12.2% YoY
-
Fuel volumes: 7.62 billion litres, up 5.6% YoY
The company also expanded its fuel network by 47 stations in H1, mostly in Saudi Arabia, and now expects to open 60–70 new stations in 2025.
Key dividend dates
-
Last day to qualify: September 30, 2025
-
Ex-dividend date: October 1, 2025
-
Record date: October 2, 2025
-
Payment date: October 21, 2025
Since its IPO in 2017, ADNOC Distribution has delivered $5.1 billion (AED18.7 billion) in dividends, combining steady shareholder returns with expanding operations in the UAE and beyond.
