ADNOC Logistics & Services Shareholders Approve $325 Million Dividend Payout
·ADX·General Disclosure | General Press Release·March 24, 2026·View on exchange
AI Summary
Shareholders approved a final dividend of $81.25 million (4.03 fils per share) for 2025, bringing the total full-year dividend to $325 million, a 19% increase year-on-year.
The company's dividend policy targets 5% annual growth through 2030, with payouts distributed on a quarterly basis.
Key upcoming dates for the dividend include a last entitlement date of April 1, 2026, and a record date of April 3, 2026, with payment occurring within 30 days of approval.
For the 2025 fiscal year, the company reported record financial results with revenue increasing 41% to $5.02 billion and net profit rising 14% to $863 million.
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