Aramco said it expected to declare total dividends of $85.4 billion in 2025, down sharply from last year's payout of over $124 billion, which it said was, however, based on 2023 and 2024 earnings.
Saudi oil giant Aramco said on Tuesday that it expects to declare total dividends of $85.4 billion in 2025, a near 30 per cent drop from payouts in 2024 as it faced lower sales and higher costs.
(Bloomberg) -- Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving stress on its own finances. Saudi Aramco expects the ...
That is lower than other oil majors but is justified by higher returns and Aramco's ability to defend its payouts amid lower oil prices, JPMorgan analysts said. Yousef covers Middle East energy ...