Saudi Aramco Announces Massive Q2 Dividends

Saudi Arabian Oil Company, also known as Saudi Aramco, has declared a base dividend of $20.3 billion and a performance-linked dividend of $10.8 billion for Q2. The company estimates a total dividend payout of $124.2 billion in 2024, potentially making it an industry leader in dividend payouts.

In a significant financial update, Saudi Arabian Oil Co. (Saudi Aramco) has declared a base dividend of $20.3 billion for the second quarter, alongside a performance-linked dividend amounting to $10.8 billion.

This substantial payout highlights the company's robust financial performance and commitment to rewarding its shareholders.

Looking ahead, Saudi Aramco anticipates declaring industry-leading total dividends of $124.2 billion in 2024, setting a new benchmark in the oil and gas sector.

(With inputs from agencies.)