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

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Saudi Aramco News

Canada Canada Latest News,Canada Canada Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung Tops Apple in Smartphone Sales - But Does That Make It the Better Company?Stocks Analysis by Investing.com (Alessandro Bergonzi) covering: Apple Inc, Samsung Electronics Co Ltd. Read Investing.com (Alessandro Bergonzi)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Meta Earnings Preview: Can Social Media Giant Deliver on Sky-High Expectations?Stocks Analysis by Investing.com (Alessandro Bergonzi) covering: NASDAQ Composite, Meta Platforms Inc. Read Investing.com (Alessandro Bergonzi)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »