Borgs PLC Declares 2.41B AED Dividend

Buraq P.L.C., a leading company in the petrochemical sector in the UAE, announced its approval to distribute an interim dividend of 2.41 billion dirhams (656 million US dollars) for the first half of 2026, at a rate of 8.1 fils per share. It also confirmed its intention to distribute a total dividend of 16.2 fils per share for the entire year of 2026, with the final installment to be paid in the second quarter of 2027. Since its IPO in 2022, the company has distributed a total of 18 billion dirhams (4.9 billion dollars), reflecting strong financial performance and solidifying its leading position through its diverse product portfolio, delivering sustainable returns to shareholders, and supporting its growth phase within the "Burg International" group, which has become the fourth largest producer of polyolefins worldwide.

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