The Board of Directors of ADNOC Distribution decided in its meeting held yesterday, Tuesday, to distribute interim cash dividends of 10.285 fils per share, with a total value of approximately 1.285 billion dirhams for the first half of 2022.
ADNOC Distribution said in a statement to the Abu Dhabi Securities Exchange, today, Wednesday, that the last day of purchase is October 5, 2022, while the date of exclusion from profits is October 6, 2022, while the record closing date is October 7, 2022.
ADNOC Distribution has announced the appointment of Ahmed Omar Abdullah as a member of the company's Executive Committee, and Ahmed Omar Abdullah will replace Roger Brown, who recently stepped down as a member of the committee.
ADNOC Distribution had achieved a profit before interest, tax, depreciation and amortization of 1.99 billion dirhams and a net profit of 1.56 billion dirhams during the first half of 2022.
ADNOC Distribution's sales witnessed a growth of 9% in the first half of this year, compared to the same period in 2021; Driven by higher corporate and retail sales.
