Shareholders of Borouge Plc have approved a total dividend of $1.32 billion for the financial year 2025, reflecting the company’s strong performance and stable cash generation. The approval was confirmed during the General Assembly Meeting held on April 7.
The final dividend stands at $658 million, equivalent to 8.1 fils per share, bringing the total dividend for 2025 to 16.2 fils per share. The payout is expected on or around May 7, 2026, for shareholders on record as of April 17.
Since its listing on the Abu Dhabi Securities Exchange, Borouge has distributed around $4.89 billion in dividends, placing it among the top dividend-paying companies on the exchange.
The company said its 2025 performance was supported by strong sales, consistent operations, and disciplined cost management.
Sultan Ahmed Al Jaber, Chairman of Borouge, said the company continues to demonstrate resilience in a changing market environment, backed by a solid financial position.
He added that the company is progressing with its long-term growth strategy and expanding its global presence.
In March 2026, Borouge completed the combination of its business with Borealis GmbH and the acquisition of NOVA Chemicals Corporation, forming Borouge Group International AG.
Chief Executive Officer Hazeem Sultan Al Suwaidi said the company maintained stable performance despite market fluctuations, supported by its cost efficiency and product strength.
Borouge also said a proposed tender offer to convert shares into Borouge International is expected in 2027, subject to approvals and market conditions. Until then, the company will remain listed and continue its dividend policy.
The company has secured operational control and marketing rights for the Borouge 4 project through an agreement with ADNOC and OMV, which is expected to support future earnings.
Following an incident on April 5 at its Ruwais facility, some production activities were temporarily suspended while repairs are underway. The company said operations are being managed through alternative arrangements.
Borouge added that improving market conditions, supported by a global supply shortage in polyolefins, have led to a recovery in prices since March, continuing into April.
The company said it remains financially strong and well-positioned to manage short-term challenges while continuing to deliver returns to shareholders.
You may also like that news:-
