Shareholders of ADNOC Gas PLC approved the integrated gas processing company’s proposed dividend of $3.41 billion for 2024, it said Monday.
This is the highest dividend on the Abu Dhabi Securities Exchange (ADX) last year, according to ADNOC Gas, majority-owned by Abdu Dhabi National Oil Co. (ADNOC).
About half was paid September 2024. The remaining $1.7 billion will be distributed in the second quarter of 2025, ADNOC Gas said in an online statement.