Saudi Arabia SABIC Dividend holds at $1.19bn for the first half of the year, sending a clear signal of sector confidence. Furthermore, this decision reflects SABIC’s determination to reward investors despite challenging global market conditions. The company will pay shareholders SR1.50 per share, equal to 15 percent of the unit’s par value. Payment is scheduled for September, with eligibility determined by shareholding as of August 19.
The move came despite quarterly losses, yet it highlights SABIC’s resilience and focus on consistent investor returns. Moreover, the Saudi Arabia SABIC Dividend policy reassures the market of long-term stability and strengthens broader sector confidence. SABIC continues to balance dividend payouts with strategic reinvestment, while aligning with national goals to diversify the economy and attract foreign capital.
CEO Abdulrahman Al-Fageeh noted that the Saudi Arabia SABIC Dividend decision reflects disciplined capital allocation. He stressed that the company will keep delivering competitive returns while supporting long-term value creation.
SABIC achieved multiple operational milestones in the quarter. At the King Abdulaziz Quality Award ceremony, affiliates Sharq, Gas, and Ibn Zahr earned gold, silver, and bronze awards for innovation, sustainability, and operational excellence. In addition, SABIC won the Best Polymer Producers Award for Linear Low-Density Polyethylene from European industry groups, further underlining the strength behind its dividend strategy.
The company also secured the Excellent Collaboration Award from DENSO Corp., recognizing its role in sustainable automotive solutions. These achievements support the Saudi Arabia SABIC Dividend approach by demonstrating continued operational strength.
Meanwhile, SABIC is reviewing strategic options for National Industrial Gases Co., including a possible IPO. This review aims to streamline its portfolio and sharpen focus on core petrochemical operations.
Expansion projects are progressing well. The MTBE facility in Jubail is more than 95 percent complete and will start trial operations in the third quarter. Furthermore, SABIC launched 58 new products in the first half, including high-performance thermoplastics designed to reduce costs and improve design flexibility.
Digital transformation remains a priority. SABIC deployed over 490 artificial intelligence models to improve manufacturing efficiency, feedstock planning, and emissions reduction. It also introduced AI guidelines to ensure responsible technology use across global operations, supporting future profitability and the Saudi Arabia SABIC Dividend commitment.
Financial results showed mixed trends. Quarterly sales reached SR35.57 billion, down 0.4 percent year on year but up 2.8 percent from the prior quarter. Gross profit dropped 38.5 percent to SR4.42 billion, while operational losses widened to SR1.88 billion. Net loss reached SR4.07 billion due to impairment charges, weaker European results, and higher finance costs.
For the first half, revenue increased 3 percent to SR70.16 billion, but net loss totalled SR5.28 billion. However, adjusted EBITDA improved 40 percent to SR5.22 billion, and adjusted net income rose to SR0.48 billion.
Looking forward, SABIC intends to maintain the Saudi Arabia SABIC Dividend policy while focusing on operational excellence, selective growth, and disciplined investment. Annual capital expenditure is projected between $3 billion and $3.5 billion.
