In the annual general meetings (AGM) or the six traded companies, the shareholders voted on supermogids to address the dividend proposals that the Board of Directors of Forts forts took.
Each of the six lista companies prioritizes strong yields and the creation of value for shareholders, while advancing their strategies to offer profitable growth.
ADNOC distribution
In its AGM on March 26, DNOOC distribution shareholders approved a final cash dividend of $ 350 million (AED1.3bn) for the second half of 2024, which carries total annual dividends to $ 700 million (AED2.6bn), equal to 20.57 Fils.
Since the IPO in 2017, the ADNOC distribution has paid $ 4.8 billion (AED17.6bn) in dividends and delivery, a total shareholders of 92 percent at the end of 2024.
The company is planning capital expenses of $ 250-300m (AED917.5m-1.1bn) in 2025 while maintain Whicevit, Whicevit, Whicevit, Whikevit, Whicevit, Whikevit, Whikevit, which, which win, profits, profits, profits, profits, profits, profits, profits, profits, profits.
ADNOC GAS
Adnoc’s gas shareholders approved the proposal of the Companies to distribute $ 1.7 billion (AED 6.2BN) for the second half of the year, raising the annual dividend 2024 to $ 3.41bn (AED12.5bn), the largest distribution of any (ADX).
The payment of dividends and the strong 2024 results of the company, which include registered tight income of $ 5 billion (AED18.35 billion), promoted him to deliver 19 % of the returns of the total shareholders for the year.
The ADNOC gas is also positioned for a possible inclusion in the MSCI and FTSE indexes at the end of this year after the secondary offer of secondary shares of the company or the shares of 3,100 million, the largest or its son in the history of ADX and the largest secondary offer of the EAU.
DNAOC drilling
Drilling Shareholders Adnoc approved the annual dividend distribution of 2024 of $ 788 million (AED2.9bn) in their AGM, including a dividend of $ 394 million (AED1.4bn) for the second half of the year.
This represents 10 percent embedded for the previous year, promoted by the solid financial performance of the company.
In 2025, the company aims to improve operational capacity, pointing to income between $ 4.6 and $ 4.8 billion (AED16.9-17.6bn).
The company plans to expand its fleet to approximately 148 platforms by 2026 and integrate enabled technologies for AI to increase efficiency.
By 2028, the company expects to provide a dividend payment of at least $ 1.15 billion in line with its progressive dividend policy to increase dividends by 10 percent per year.
ADNOC LOGISTICS AND SERVICES
The Shareholders of the L&S Shareholders approved a final 2024 dividend payment of $ 136.5 million (AED 501m), which carry the total dividend payments per year to $ 273 million and reflect an increase of 5 percent year -on -year aligned with aligned with its him his is his is that he is in which he is in which he is according to what he Once you are according to what you are according to what you are according to what you are according to what you are according to what you are according to what had been done. Itededeado as itededede.
Between its IPO of 2023 and the end of 2024, ADNOC L&S delivered more than 178 percent in the total yields of the shareholders (including the appreciation of the price of the shares and the dividends paid), significantly exceeding the ADX and the invorcious enhancement by Invortio.
Looking towards the future, the company continues to expand its offers of both local and international services, increasing its fleet of energy efficiency and its acceleration of organic and inorganic growth.
In 2024, the company obtained 21 environmentally efficient vessels, achieving a 11 percent reduction in carbon intensity compared to the previous year.
With solutions promoted by the next generation, ADNOC L&S aims to improve operational efficiency, reduce emissions and support the EUA’s economic ambitions.
Borouge
In their AGM in person on April 7, Borouge’s shareholders approved a final 2024 dividend of $ 650 million (AED2.4bn), which raised the total payment to $ 1.3BN (AED4.7bn), equivalent to 15.88 Fils per share.
In addition, shareholders authorized a shares of shares of up to 2.5 percent of the actions in circulation, which reflects the strong confidence of the company in its future perspectives and the significant ascending potential beyond the current price of the shares.
In the AGM, Dr. Sultan Bin Ahmed al Jaber, Minister of Advanced Industry and Technology, and Managing Director and CEO of the ADNOC group, and president of Borouge, spoke about the creation of the creation of Borouge Group International that will bring together Borouge and Borealis and acquire chemicals.
The new company has been designed to offer consistently strong dividends and significant short -term growth, with a production capacity or 13.6 million tons tripling the current capacity of Borouge.
Borouge also announced that he will face his 2025 dividend to at least 16.2 Fils per share, and after completing the international transaction of Borouge Group, the new entity intends to distribute an estimated total annual dividend of $ 2.2 billion), the same. 2026 to 2030.
Fertiglobe
Fertiglobe shareholders approved the payment of a dividend of $ 125 million (AED459M) for the second half of 2024, raising the total dividends of 2024 to $ 275m (AED1.01bn), equal to 12.2 Fils per share.
Since its IPO of 2021, the company has distributed $ 2.5 billion (AED 9.2bn) to shareholders, delivering one of the returns of the highest total shareholders in the ADX during that time.
During its AGM, Sharehoulders also approved the repurchase of up to 2.5 percent of the shares issued through a shale repurchase, which reflects Fertiglobe’s confidence in its long -term growth strategy and commitment to the value deliverable to shareholders.
Fertiglobe has successfully carried out its cost of optimization of costs of $ 50 million in execution rate savings and complete the 75per cents of its manufacturing improvement plan, which is projected to generate additional $ 100 million in the annual EBITDA by the end of 2025.
The company will present an update on its strategy and value improvement initiatives on the Markets Capital Day with the results of the first quarter of 2025 on May 13, 2025 in Abu Dhabi.
