ADNOC Listed Firms Target $43 Billion in Dividends by 2030

Abu Dhabi National Oil Company (ADNOC) unveiled an ambitious plan to distribute AED158 billion ($43 billion) in dividends across its six publicly listed subsidiaries by 2030—nearly twice the total amount paid since its first IPO in 2017. Announced at ADNOC’s inaugural Investor Majlis in Abu Dhabi, the initiative highlights ADNOC’s commitment to shareholder returns, disciplined growth, and the integration of artificial intelligence (AI) to boost operational efficiency. The six ADNOC-listed firms—ADNOC Dist ...