ADNOC L&S approves $273m cash dividend distribution for 2024, including $136.5m in H1, increasing payout by 5% from 2023.

ADNOC Logistics & Services (ADNOC L&S) will distribute a cash dividend of $136.5 million (6.78 fils per share) for H1 2024, with a total anticipated payout of $273 million for the year—up 5% from 2023. The record date for shareholders is October 17, 2024. The company has expanded its operations, commissioning multiple LNG and ammonia carriers and acquiring an 80% stake in Navig8, enhancing its global presence and fleet efficiency.

October 08, 2024
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