Saudi Aramco sticks to dividend pledge despite 73% earnings drop - Financial Times

In the three months to June 30, Saudi Aramco reported net income of $6.6bn © REUTERS

Saudi Aramco stuck by plans to pay out $75bn in dividends this year despite a 73 per cent drop in second-quarter earnings and surging debt levels, as the state energy group bets on a rebound for the pandemic-hit oil sector.

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2020-08-09 13:25:00Z
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