Borouge, the Abu Dhabi-based petrochemicals company, has confirmed approval of an interim dividend of $656 million, equivalent to 8.1 fils per share, following its H1 2026 performance.

The company reaffirmed its intention to pay a total dividend of 16.2 fils per share for 2026, with the remaining 8.1 fils expected to be distributed in Q2 2027.

Since its June 2022 IPO, Borouge shareholders have received $4.9 billion in dividends.

Hazeem Al Suwaidi, Chief Executive Officer of Borouge, said the interim dividend reflects the company’s resilient financial performance, disciplined execution and ability to generate shareholder returns.

"Supported by our differentiated product portfolio, strong pricing premia and focus on cost efficiency, we remain well positioned to sustain value creation for our shareholders as Borouge advances its next phase of growth as part of Borouge International," he said.

The dividend announcement follows the completion of Borouge International on 30 March 2026.

The new platform combines Borouge with global assets and capabilities, creating the world’s fourth-largest polyolefins producer by nameplate capacity.

Borouge said its integration into Borouge International is strengthening geographic diversification, scale, technology and product capabilities, supporting long-term competitiveness and future value creation while maintaining its commitment to shareholder returns. -TradeArabia News Service