emirates7 - Borouge Plc announced that shareholders approved an interim dividend of $660 million, equal to 8.1 fils per share, during its General Assembly Meeting on 29 August. The payout reflects a solid first-half performance, driven by healthy pricing premiums, disciplined cost control, and strategic inventory sales.
The company also confirmed its plan to distribute a total dividend of 16.2 fils per share for 2025, up from 15.88 fils in 2024, with the remaining 8.1 fils per share scheduled for payment in the first quarter of 2026. Since its IPO in June 2022, Borouge has paid out $4.24 billion in dividends, delivering a total shareholder return of 30 percent.
Confidence in its growth outlook was further reinforced through the repurchase of 141 million shares under its buyback program, approved at the Annual General Meeting in April.
Chief Executive Officer Hazeem Sultan Al Suwaidi said the company’s consistent shareholder returns are supported by resilient operations, cost discipline, and strong pricing margins. He added that as Borouge moves toward the planned launch of Borouge Group International in the first quarter of 2026, the focus remains on delivering solid performance and sustaining some of the highest dividend yields on the Abu Dhabi Securities Exchange.
Borouge reported a net profit of $474 million, supported by strong volumes and pricing performance. The company is also advancing its Borouge 4 mega project, which has passed 90 percent completion and is expected to add 1.4 million tonnes of annual capacity by the end of 2026, creating further value for investors.
The establishment of Borouge Group International is set to be completed in early 2026, with regulatory processes and integration work already in progress. The new entity is projected to become a $60 billion global petrochemicals leader and the world’s fourth-largest polyolefins producer. Following the transaction, it plans to sustain a minimum annual dividend of 16.2 fils per share until at least 2030, subject to the necessary approvals.
The company also confirmed its plan to distribute a total dividend of 16.2 fils per share for 2025, up from 15.88 fils in 2024, with the remaining 8.1 fils per share scheduled for payment in the first quarter of 2026. Since its IPO in June 2022, Borouge has paid out $4.24 billion in dividends, delivering a total shareholder return of 30 percent.
Confidence in its growth outlook was further reinforced through the repurchase of 141 million shares under its buyback program, approved at the Annual General Meeting in April.
Chief Executive Officer Hazeem Sultan Al Suwaidi said the company’s consistent shareholder returns are supported by resilient operations, cost discipline, and strong pricing margins. He added that as Borouge moves toward the planned launch of Borouge Group International in the first quarter of 2026, the focus remains on delivering solid performance and sustaining some of the highest dividend yields on the Abu Dhabi Securities Exchange.
Borouge reported a net profit of $474 million, supported by strong volumes and pricing performance. The company is also advancing its Borouge 4 mega project, which has passed 90 percent completion and is expected to add 1.4 million tonnes of annual capacity by the end of 2026, creating further value for investors.
The establishment of Borouge Group International is set to be completed in early 2026, with regulatory processes and integration work already in progress. The new entity is projected to become a $60 billion global petrochemicals leader and the world’s fourth-largest polyolefins producer. Following the transaction, it plans to sustain a minimum annual dividend of 16.2 fils per share until at least 2030, subject to the necessary approvals.