aramco dividends - Search News

Aramco signals sharply lower dividends

Reuters on MSN · 2d

Aramco signals sharply lower dividends as special payout shrinks

By Yousef Saba DUBAI (Reuters) -Saudi oil giant Aramco signalled on Tuesday it will slash its dividend payouts by nearly a third this year, meaning fewer funds for the kingdom as it races to complete several mammoth projects and possibly faces a wider budget deficit.

U.S. News Money · 2d

Aramco Expects Sharp Drop in 2025 Dividends as 2024 Profit Falls

DUBAI (Reuters) -Saudi oil giant Aramco said on Tuesday it expects to declare total dividends of $85.4 billion in 2025, a near 30% drop from payouts in 2024 as it faced lower sales and higher costs. Aramco paid about $124.25 billion in dividends in 2024 and had $97.78 billion in payouts in 2023.

The Mirror · 1d

Aramco cuts dividend after reduction in oil prices sees profits take a 12% dip

Saudi Arabia's state-owned oil giant Aramco reported a $106.25bn profit in 2024, down 12% from the prior year as lower energy prices now squeeze the kingdom's multi-trillion-dollar development plans

2don MSN

The world’s biggest dividend has just been cut. Here’s why.

Saudi Arabian Oil Co. has slashed its massive dividend payout — the world’s biggest — as the state oil producer’s profit fell ...

2d

Aramco Trims World’s Biggest Payout in Blow to Saudi Budget

Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving ...

Saudi Aramco weighs bid for BP's Castrol unit, Bloomberg News reports

Saudi Arabia's state oil company is studying whether to bid for part or all of the business, which operates under the Castrol ...

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