Fertiglobe, a company under ADNOC and OCI, declared an interim cash dividend of $150 million for the first half of 2024, translating to AED551 million or 6.6 fils per share. Shareholders as of October 10, 2024, will receive this dividend. The company's financial strength and effective cash flow management allow it to pursue growth opportunities while prioritizing shareholder returns. With a total of $2.42 billion distributed in dividends since its IPO in 2021, Fertiglobe boasts a high dividend yield in the industry. CEO Ahmed El-Hoshy emphasized the company's commitment to delivering solid returns with an annualized dividend yield exceeding 5 percent. He highlighted Fertiglobe's focus on growth, sustainability, and innovation, especially in developing a sustainable hydrogen value chain and expanding in clean energy solutions. The company plans to use AI and digitalization to drive efficiencies and enhance cost savings, ensuring sustainable value for shareholders and aligning with their sustainability goals.