ADNOC Drilling Company P.J.S.C Dividends and Buybacks
Dividend criteria checks 2/6
ADNOC Drilling Company P.J.S.C is a dividend paying company with a current yield of 3.94% that is well covered by earnings.
Key information
3.9%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 17.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Narrative Update • Jun 17
ADNOCDRILL: Upcoming Interim Dividend And Fair Value Outlook Will Shape Returns
Analysts have made a marginal adjustment to the ADNOC Drilling Company P.J.S.C. price target to AED 6.52, reflecting updated views on revenue growth, profit margins, and future P/E assumptions, while keeping their overall valuation framework broadly consistent. What’s in the News for ADNOC Drilling Company P.J.S.C. Board meeting scheduled for May 8, 2026, at 11:00 Coordinated Universal Time to consider first quarter 2026 financial statements and an interim cash dividend for shareholders.Narrative Update • Apr 08
ADNOCDRILL: Upcoming Board Dividend Decision Will Support Attractive Return Potential
Analysts have made a small upward revision to the AED fair value estimate for ADNOC Drilling Company P.J.S.C., reflecting slightly adjusted assumptions around discount rate, revenue growth, profit margins and future P/E that together support a modest increase in the implied price target. What's in the News The board has scheduled a meeting for Feb 11, 2026, at 11:00 Coordinated Universal Time to review and approve the audited annual financial statements for the year ended Dec 31, 2025 (Key Developments).Narrative Update • Mar 25
ADNOCDRILL: Upcoming Dividend Decision Will Support Attractive Forward Return Potential
Analysts have trimmed their AED price target for ADNOC Drilling Company P.J.S.C. slightly, moving it from about AED 6.58 to around AED 6.52, reflecting updated assumptions on discount rates, revenue growth, profit margins, and future P/E levels. What's in the News A board meeting is scheduled for 11 February 2026 at 11:00 Coordinated Universal Time to review and approve the audited annual financial statements for the year ended 31 December 2025 (company disclosure).Narrative Update • Mar 10
ADNOCDRILL: Forthcoming Dividend Decision Will Support Earnings Quality And Total Returns
Analysts have made a small upward adjustment to their fair value estimate for ADNOC Drilling Company P.J.S.C. to AED 6.58 per share. This reflects fine tuning of assumptions for discount rate, long term revenue growth, profit margins and future P/E multiples rather than any major shift in the investment story.Narrative Update • Feb 22
ADNOCDRILL: Upcoming Dividend Decision Will Support Earnings Quality And Future Returns
Analysts have slightly reduced their price target for ADNOC Drilling Company P.J.S.C. to AED 6.58 from AED 6.61, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Board meeting scheduled for Feb 11, 2026 at 11:00 Coordinated Universal Time to review audited annual financial statements for the year ended Dec 31, 2025 (Key Developments) Board to consider a proposal for a cash dividend distribution to shareholders for the fourth quarter of the 2025 financial year (Key Developments) Board to consider inviting the annual general assembly to convene, set the meeting date, and define its agenda (Key Developments) Board to review other general matters related to the company’s activities and projects (Key Developments) Valuation Changes Fair Value: AED 6.58, slightly below the prior AED 6.61, indicating a small downward adjustment to the central valuation estimate.Analysis Article • Feb 13
ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Price Is Out Of Tune With Earnings
When close to half the companies in the United Arab Emirates have price-to-earnings ratios (or "P/E's") below 11x, you...Narrative Update • Feb 08
ADNOCDRILL: Refined 2025 Assumptions Will Support Earnings Quality And Returns
Analysts have made a small downward revision to their price target for ADNOC Drilling Company P.J.S.C., trimming fair value slightly as they factor in marginally lower projected revenue growth, profit margins, and a modestly higher future P/E multiple. Valuation Changes Fair Value: Trimmed slightly from AED 6.62 to about AED 6.61 per share, reflecting a modest adjustment in the modelled outlook.Narrative Update • Jan 25
ADNOCDRILL: Updated 2025 Guidance Will Support Earnings Quality And Future Returns
Analysts have trimmed their price target for ADNOC Drilling Company P.J.S.C. slightly to around US$6.62 from about US$6.64, reflecting updated views on revenue growth, profit margin expectations, and forward P/E assumptions. What's in the News ADNOC Drilling updated its 2025 revenue guidance to a range of US$4.75b to US$4.85b, compared with the previous range of US$4.65b to US$4.80b (company guidance).Narrative Update • Jan 09
ADNOCDRILL: Higher 2025 Guidance And Dividend Plans Will Support Future Returns
Analysts have nudged their fair value estimate for ADNOC Drilling Company P.J.S.C. slightly higher to about $6.64 per share, reflecting updated assumptions around revenue, profit margins and future P/E that collectively support a modestly higher price target. What's in the News Updated full year 2025 revenue guidance to a range of US$4.75b to US$4.85b, compared with the previous range of US$4.65b to US$4.80b (company guidance).Narrative Update • Dec 14
ADNOCDRILL: Rising 2025 Dividends Will Support Strong Future Shareholder Returns
Analysts have made a marginal downward adjustment to their price target for ADNOC Drilling Company P.J.S.C., trimming it by approximately AED 0.00. This reflects slightly higher perceived risk and only incremental changes to long term growth and profitability assumptions.Analysis Article • Dec 05
Returns on Capital Paint A Bright Future For ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Narrative Update • Nov 28
ADNOCDRILL: Dividend Increases And Stronger Revenue Outlook Will Drive Earnings Upside
Analysts have slightly raised their price target for ADNOC Drilling Company P.J.S.C. from $6.61 to $6.62, citing modest expectations for improved revenue growth. This adjustment comes despite a minor decrease in projected profit margins as well as a small increase in the projected discount rate and future P/E ratio.Narrative Update • Nov 10
ADNOCDRILL: Profit Margin Improvement Will Drive Earnings and Dividend Upside
Analysts have raised their price target for ADNOC Drilling Company P.J.S.C. from approximately $6.52 to $6.61 per share, citing improved profit margin forecasts and adjustments in revenue growth expectations. What's in the News Full-year 2025 earnings guidance updated, with revenue now expected between USD 4.75 billion and USD 4.85 billion, and net profit projected at USD 1.40 billion to USD 1.45 billion.Analysis Article • Oct 30
Analysts Have Made A Financial Statement On ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Third-Quarter Report
A week ago, ADNOC Drilling Company P.J.S.C. ( ADX:ADNOCDRILL ) came out with a strong set of third-quarter numbers that...Narrative Update • Oct 27
Dividend Approvals And Upward Profit Margin Will Shape Future Energy Security
Analysts have slightly lowered their price target for ADNOC Drilling Company P.J.S.C. from $6.55 to $6.52, citing modest adjustments in revenue growth forecasts and discount rates. What's in the News Board meeting scheduled for October 27, 2025, to consider and approve third quarter 2025 financial statements, interim cash dividend distribution, and other general matters.Analysis Article • Oct 13
ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Business Is Yet to Catch Up With Its Share Price
When close to half the companies in the United Arab Emirates have price-to-earnings ratios (or "P/E's") below 12x, you...Narrative Update • Oct 10
Integrated Drilling And Oman-Kuwait Deals Will Secure Future Energy
Analysts have raised their price target for ADNOC Drilling Company P.J.S.C. to $6.55 per share, up from $6.44. They cite slight improvements in profit margins and discount rates, even though revenue growth forecasts have been reduced.Analysis Article • Aug 02
The ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Second-Quarter Results Are Out And Analysts Have Published New Forecasts
It's been a good week for ADNOC Drilling Company P.J.S.C. ( ADX:ADNOCDRILL ) shareholders, because the company has just...Analysis Article • Jul 22
The Trend Of High Returns At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Has Us Very Interested
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
New Narrative • Feb 13
Expansion Into Jordan, Kuwait, And Oman Will Diversify Operations And Strengthen International Presence
Expansion of rig fleet and operational efficiency aims to support significant revenue growth and achieve targeted oil production goals.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ADNOCDRILL has been paying a dividend for less than 10 years.
Growing Dividend: ADNOCDRILL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| ADNOC Drilling Company P.J.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADNOCDRILL) | 3.9% |
| Market Bottom 25% (AE) | 4.0% |
| Market Top 25% (AE) | 6.7% |
| Industry Average (Energy Services) | 3.7% |
| Analyst forecast (ADNOCDRILL) (up to 3 years) | 4.6% |
Notable Dividend: ADNOCDRILL's dividend (3.94%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (4.01%).
High Dividend: ADNOCDRILL's dividend (3.94%) is low compared to the top 25% of dividend payers in the AE market (6.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.3%), ADNOCDRILL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.9%), ADNOCDRILL's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/18 17:41 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ADNOC Drilling Company P.J.S.C. is covered by 23 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Soha Saniour | Arqaam Capital Research Offshore S.A.L. |
| Nour Sherif | Arqaam Capital Research Offshore S.A.L. |
| Passant Mohamed | Arqaam Capital Research Offshore S.A.L. |