ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced a series of major strategic updates during ADNOC Group’s inaugural Investor Majlis, underscoring its long-term growth ambitions and resilience across core operations.
Among the key highlights, the company confirmed an extension of its dividend policy through FY 2030, with total commitments rising to $4.9 billion and annual disbursements of at least $700 million, or 75% of net profit — whichever is higher.
Starting in the first quarter of 2026, dividend payments will move to a quarterly payout structure, providing investors with increased visibility and returns.
Reflecting its strong operational performance and growth outlook, ADNOC Distribution has raised its service station target to 1,150 locations by 2028, representing a 15% increase over its previous guidance of 1,000.
At the same time, the company has doubled its non-fuel retail growth target, projecting a 100% increase in non-fuel retail transactions by 2030 compared to 2023 levels—up from its earlier goal of 50% growth by 2028.
These updates reflect ADNOC Distribution’s continued evolution from a fuel retailer into a broader mobility and convenience leader, integrating services and experiences that cater to the needs of a fast-changing customer base.
The Investor Majlis, held in Abu Dhabi, offered the financial community direct insight into ADNOC Group’s integrated value chain and long-term strategy. ADNOC Distribution’s participation highlighted its vital role within the Group’s portfolio and its contribution to sustained shareholder value creation.
For investors, the event provided a first-hand look at ADNOC Distribution’s ongoing transformation — anchored by operational efficiency, digital innovation, and customer-centric expansion.
