ADNOC Gas shareholders approve $3.25bn 2023 dividend, plan 5% annual increase and $13bn investment in growth.
ADNOC Gas shareholders approved a $3.25bn dividend for 2023, with a 5% yearly increase planned over the next four years. The company, a subsidiary of ADNOC, reported revenues of $22.7bn and net income of $4.7bn in 2023. ADNOC Gas plans to invest over $13bn in growth opportunities between 2024 and 2029, including international expansion and a focus on processing and delivering increased gas volumes.
April 01, 2024
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