Borouge (ADX:BOROUGE) Dividend Payout Ratio : 2.14 (As of Mar. 2024)

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What is Borouge Dividend Payout Ratio?

Borouge's dividend payout ratio for the months ended in Mar. 2024 was 2.14.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Borouge Plc is 1.07, which seems too high.

The historical rank and industry rank for Borouge's Dividend Payout Ratio or its related term are showing as below:

ADX:BOROUGE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.44 Max: 1.44
Current: 1.07

During the past 3 years, the highest Dividend Payout Ratio of Borouge was 1.44. The lowest was 1.07. And the median was 1.44.

ADX:BOROUGE's Dividend Payout Ratio is ranked worse than
85.84% of 904 companies
in the Chemicals industry
Industry Median: 0.39 vs ADX:BOROUGE: 1.07

As of today (2024-05-27), the Dividend Yield % of Borouge is 6.61%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Borouge was 6.61%. The lowest was 1.40%. And the median was 4.51%.

Borouge's Dividends per Share for the months ended in Mar. 2024 was د.إ0.08.

During the past 12 months, Borouge's average Dividends Per Share Growth Rate was 32.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Borouge Dividend Payout Ratio Historical Data

The historical data trend for Borouge's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Borouge Dividend Payout Ratio Chart

Borouge Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.44

Borouge Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial				2.14	-	2.14	-	2.14

Competitive Comparison of Borouge's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Borouge's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Borouge's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borouge's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Borouge's Dividend Payout Ratio falls into.

Borouge Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Borouge's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.158	/	0.11
	=	1.44

Borouge's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.079	/	0.037
	=	2.14

Borouge (ADX:BOROUGE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Borouge Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Borouge's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Borouge (ADX:BOROUGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borouge Plc (ADX:BOROUGE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE

Website

https://www.borouge.com

Borouge Plc petrochemical company that provides innovative solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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