This Company Will Distribute $31B in Dividends Despite Declining Profits

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Saudi Aramco News

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Stocks Analysis by Investing.com (Alessandro Bergonzi) covering: Saudi Aramco. Read Investing.com (Alessandro Bergonzi)'s latest article on Investing.com

Aramco remains committed to rewarding shareholders, projecting a total 2024 dividend payout of $124.3 billion.

The nation's key concern is ensuring long-term profitability in the face of the global energy transition. This may necessitate strategic adjustments, even if it means sacrificing some short-term profit gains. However, maintaining their generous dividend policy remains a top priority.

Source: News Formal (newsformal.com)

 

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