Aramco declares dividend of $18.8bn to be paid in Q2

Aramco declares dividend of $18.8bn to be paid in Q2

The Saudi Arabian Oil Company (Aramco) Tuesday announced its first quarter financial results; posting a 30% year-on-year increase in net income to $21.7bn; and declaring a dividend of $18.8bn to be paid in Q2. The results got support of higher oil prices and an improved economic environment in the first three months of 2021. Commenting...

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