ADNOC Drilling’s long-term agreements provide clear visibility on cash flows and profits.
Dividend Increase
ADNOC Drilling Company has announced a five percent year-on-year increase in its interim dividend payment, totaling $358 million (equivalent to 8.22 fils per share) for the first half of 2023.
Dividend Distribution Details
According to a filing with the Abu Dhabi Securities Exchange (ADX), the company disclosed that the distribution of the interim dividend is scheduled to occur on or around October 27. This payout will be made to all shareholders who are recorded as of October 19.
