Aramco to pay $18.75bn dividend even as second-quarter net profit slides
- Date: 10-Aug-2020
- Source: The National
- Sector:Financial Markets
- Country:Saudi Arabia
Aramco to pay $18.75bn dividend even as second-quarter net profit slides
Saudi Aramco will pay a second-quarter dividend of $18.75 billion (Dh68.87bn) despite a 73.4 per cent fall in net profit due to lower oil prices and declining refining and chemicals margins during the coronavirus