UAE-Based Petrochemical Firm Borouge Added to FTSE ADX Index
UAE-based petrochemical company Borouge has been added to the FTSE ADX Dividend Stars Index. This shows that Borouge is one of the top dividend-paying companies listed on the Abu Dhabi Securities Exchange (ADX), according to an official statement released on Wednesday.
The FTSE ADX Dividend Stars Index was launched earlier this month. It includes 17 companies that together account for more than 70% of all dividends paid by ADX-listed companies this year. Borouge’s inclusion highlights its strong appeal to investors who focus on regular income and stable returns.
Borouge’s place in the index reflects its strong financial performance. The company has reported solid earnings, healthy cash flow, and clear plans for future dividend payments. For 2025, Borouge has declared a dividend of 16.2 fils per share. The company expects to continue paying similar dividends until at least 2030, giving investors long-term visibility and confidence.
In September, Borouge shareholders approved an interim dividend of $660 million, equal to 8.1 fils per share. This decision followed a strong first-half performance, with net profit reaching $474 million. The remaining dividend of 8.1 fils per share is expected to be paid in the first quarter of 2026.
Since its initial public offering (IPO) in 2022, Borouge has returned a total of $4.24 billion to shareholders. The company has delivered a total shareholder return of around 30% during this period. In addition, Borouge has bought back 141 million shares as part of its share repurchase program, further supporting shareholder value.
Commenting on the achievement, Borouge CEO Hazeem Sultan Al Suwaidi said that being included in the FTSE ADX Dividend Stars Index confirms Borouge’s position as one of the region’s leading income stocks. He added that the recognition reflects the strength, stability, and resilience of the company’s business model.
Borouge’s strong performance is supported by its large-scale polyolefins operations across Asia, the Middle East, and Africa. The company benefits from steady demand for its products and healthy pricing margins, which help maintain stable earnings even during challenging commodity market cycles.
Operationally, Borouge recently completed the Borouge 3 project, which was the largest maintenance turnaround in the company’s history. The project was finished ahead of schedule and within budget, demonstrating strong operational efficiency.
At the same time, work continues on the $8 billion Borouge 4 mega project. Once completed by the end of 2026, the project will add 1.4 million tons per year of production capacity. The project is now more than 90% complete, marking a major milestone in Borouge’s long-term growth strategy.
Overall, Borouge’s inclusion in the FTSE ADX Dividend Stars Index underlines its strong financial position, reliable dividend policy, and commitment to delivering long-term value to investors.
Published: 18th December 2025
For more article like this please follow our social media Twitter, Linkedin & Instagram
Also Read:
Qatar International Islamic Bank Launches $137 Million Sukuk
Mubadala, Barings start $500M global real estate debt fund
Saudi PIF sells small FMTECH stake to real estate firm JLL
