ADNOC Distribution’s Board of Directors is considering interim interim dividends for the year on September 29

Abu Dhabi 09-09-2019
Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) announced in a statement posted on the Abu Dhabi Securities Exchange website that its board of directors will review and approve the interim dividend for the current year during its meeting to be held on Sunday, 29 September 2019. In April, ADNOC Distribution approved a new dividend policy, whereby an annual dividend of AED 2.39 billion (AED 0.1910 per share), an annual dividend of AED 0.2057 per share, and a dividend of AED 0.2057 per share. The lowest is 75% of the heads H distributable for the years 2021 et seq.
It is worth mentioning that the company intends to continue distributing half of the annual profits during the month of October next, and distributing the remaining half of the profits in April of the following year.