Borouge approves $656 million dividend with 8.1 fils per share for H1 2026

Investors buying by August 27 qualify, with payment expected within 30 days

Last updated:
Nivetha Dayanand, Assistant Business Editor
Borouge approves $656 million dividend with 8.1 fils per share for H1 2026
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Dubai: Borouge Plc shareholders are set to receive an interim dividend of 8.1 fils per share for the first half of 2026 after the company approved a $656 million payout.

Investors seeking entitlement to the dividend have until August 27 to purchase the shares. Borouge said the ex-dividend date will be August 28, followed by the record date on August 31, with payment expected within 30 days of the announcement.

The Abu Dhabi-listed petrochemicals company also reaffirmed its intention to pay a total dividend of 16.2 fils per share for 2026, representing an annual yield of 6.7% based on its closing share price on August 19.

The remaining 8.1 fils per share is expected to be paid in the second quarter of 2027.

$4.9 billion distributed since IPO

Borouge has distributed approximately $4.9 billion in total dividends to shareholders since its June 2022 initial public offering.

The board approved the interim dividend by circulation on August 19.

Borouge now part of Borouge International

Borouge Plc is now part of Borouge International following the completion of the new platform’s formation on March 30, 2026.

Borouge International became the world’s fourth-largest polyolefins producer by nameplate capacity following its formation, combining a wider global footprint, technologies and product portfolio.

Borouge International owns a 90% stake in Borouge Plc, which said its inclusion in the new platform gives it greater geographic diversification and scale while maintaining its commitment to shareholder returns.

Borouge Plc serves customers in more than 90 countries across Asia, the Middle East and Africa and employs more than 2,900 people.

Nivetha Dayanand
Nivetha DayanandAssistant Business Editor
Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.

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