Saudi Aramco Keeps World’s Biggest Dividend as Debt Jumps

Saudi Aramco Keeps World’s Biggest Dividend as Debt Jumps

Via Anthony Di Paola in yahoo.com: The test for how long the payout can be maintained will likely come early next year, when a special component that amounts to about $10 billion a quarter is scheduled to start shrinking. Aramco is already paying out more than it’s earning as Saudi Arabia’s ambitious economic transformation plans widen the government’s budget deficit. It’s pushed the company into a net debt position for the first time in two years.





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