Abu Dhabi — Shareholders of Borouge, the UAE-based petrochemicals giant, have approved an interim dividend of $660 million (8.1 fils per share) following a strong first-half performance in 2025.
The company confirmed it will distribute a total dividend of 16.2 fils per share for the year, higher than the 15.88 fils per share paid in 2024. The second installment, also 8.1 fils per share, will be issued in the first quarter of 2026, according to a filing with the Abu Dhabi Exchange (ADX).
Since its IPO in June 2022, Borouge has distributed $4.24 billion in dividends, giving shareholders a 30% total return. The company also executed a 141 million share buyback in 2025 under its approved repurchase program, reflecting strong cash flows and commitment to shareholder returns.
For the first half of 2025, Borouge posted a net profit of $474 million, driven by robust sales, disciplined pricing, and tight cost control. Its large-scale Borouge 3 turnaround project was completed ahead of schedule and within budget, strengthening operational resilience.
Meanwhile, the company’s flagship $8 billion Borouge 4 project is now over 90% complete and expected to boost production capacity by 1.4 million tons per year by the end of 2026.
Looking ahead, Borouge plans to establish Borouge Group International in early 2026, targeting a valuation of $60 billion. The new entity is projected to become the world’s fourth-largest producer of polyolefins, enhancing Abu Dhabi’s position in the global petrochemicals industry.
Management reiterated Borouge’s commitment to delivering at least 16.2 fils per share annually until 2030, subject to board and shareholder approvals.
