TotalEnergies Plans Over 5% Annual Dividend Growth
On September 28, 2026, TotalEnergies SE announced its plan to increase dividends by more than 5% annually through 2030 during its 2026 Strategy and Outlook presentation in New York, led by Chairman and CEO Patrick Pouyanné. The Board of Directors adopted this new dividend policy on September 27, 2026, which covers financial years 2026 to 2030, ensuring shareholder returns of at least 40% of cash flow while maintaining a gearing ratio below 10%.
The company also authorized $2.5 billion in share buybacks for the fourth quarter of 2026 and between $2 billion and $2.5 billion for the first quarter of 2027. TotalEnergies expects its gearing ratio to fall below 10% by the end of 2026.
The company’s global oil and gas portfolio aims to sustain production of around 3 million barrels of oil equivalent per day through 2035, including projects in Nigeria, where TotalEnergies and AMNI have made a Final Investment Decision for the Ima gas field, expected to begin production in 2028.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
Read full article
Continue on Nairametrics
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
TotalEnergies Shares Drop 10% Amid Market Retreat
TotalEnergies and AMNI Finalize $800M Ima Gas Project
Energia Limited Focuses on Growth and Community Impact
Energia Celebrates 25 Years, Aims for 20,000 BPD Capacity
Eterna Tops Oil and Gas Firms in H1 2026 Profitability
TotalEnergies' Bouyer Calls for Action in Nigeria's Oil Sector
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
