Chemical Industry News, Data & Insights

Borouge Joins FTSE ADX Dividend Stars Index as Leading Income Stock

Key highlights
  • Borouge is included in the FTSE ADX Dividend Stars Index, launched in December 2025.
  • The index represents over 70% of dividends paid by ADX-listed companies in 2025.
  • Borouge plans a dividend of 16.2 fils per share, maintained through at least 2030.
  • The payout ratio could reach up to 90% of net profit, subject to approvals.

Inclusion in FTSE ADX Dividend Stars Index

Borouge Plc has been included in the FTSE ADX Dividend Stars Index, launched by the Abu Dhabi Securities Exchange in December 2025. This index is the first of its kind in the region, focusing on income and highlighting companies with a consistent track record of dividend distribution. It comprises 17 companies that collectively represented more than 70% of total cash dividends paid by ADX-listed companies in 2025.

Dividend Strategy and Financial Resilience

Borouge's inclusion in the index underscores its ability to generate resilient cash flows across commodity cycles. The company benefits from a world-scale production platform and sustained demand across its core markets in Asia Pacific, the Middle East, and Africa. These factors support Borouge's capacity to deliver stable earnings and maintain a forward-visible dividend profile.

Dividend Intention and Payout Ratio

Borouge reaffirmed its FY2025 dividend intention of 16.2 fils per share, which is expected to be maintained through at least 2030, subject to relevant approvals. The intended framework includes the potential for a payout ratio of up to 90% of net profit.

Positioning in Capital Markets

Supported by industry-leading EBITDA margins, a resilient balance sheet, and a clear long-term strategy, Borouge is well-positioned to deliver stable, sustainable shareholder returns. Its inclusion in the FTSE ADX Dividend Stars Index enhances its visibility among regional and international income-focused investors, reinforcing its status as a high-quality income opportunity within an increasingly sophisticated capital market.