ADNOC Distribution witnessed a great activity during 2018 at the level of its stations located in 385 locations, as well as in its retail stores, where the company has served 210 million customers Through 168 million purchases of fuel and 42 million purchases of non-petroleum products.

According to Emirates News Agency, the company has achieved great successes and has become the first fuel distribution company operating in all seven Emirates in addition to opening its first two stations in the Kingdom of Saudi Arabia. < / p>

ADNOC Distribution’s activity and expansion plans contributed to achieving a strong financial performance for the company, which was reflected in the financial results for the year 2018, so the net profit increased by 18% and reached 2.1 billion dirhams, while it increased Profits before tax, depreciation and amortization deducted by 22% to reach 2.7 billion dirhams.

Adnoc Distribution’s Board of Directors approved during the 2018 General Assembly’s meeting of the new upward dividend policy to become dividends for the fiscal year 2019 with a value of 2,39 billion dirhams, which is The equivalent of 0.1910 dirhams per share, and reflects an increase of 63% compared to 2018.

While the dividends for the fiscal year 2020 will be 2,57 billion dirhams, which is equivalent to 0.2057 dirhams per share, and reflects an increase of 75% compared to 2018 .. The company also intends Dividend distribution of no less than 75% of the dividend payable for the years 2021 and later.

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