Aramco to distribute 116.45 billion riyals in dividends to shareholders… tomorrow

Saudi Aramco announced on its official website the distribution of dividends to shareholders tomorrow, Tuesday, for the third quarter of 2024, explaining that it will distribute (ordinary) dividends in the amount of 0.3145 riyals per share, in addition to performance-related dividends to shareholders for the years 2022 and 2023 in the amount of 0.1670 riyals per share. This is in line with its dividend distribution policy, which aims to distribute sustainable and increasing dividends.

The company indicated that the eligibility date was November 14.

The total amount distributed is 116.45 billion riyals, including: basic dividends of 76.06 billion riyals, and performance-related dividends of 40.39 billion riyals.

According to a statement by Saudi Aramco on “Tadawul”, the company reported that the number of shares entitled to dividends is 241.8 billion shares, explaining that the share of each share from the total distributed amount is 0.4815 riyals per share, including: basic dividends with a share of 0.3145 riyals, and performance-related dividends with a share of 0.1670.