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By the conclusion of 2024, Aramco's net earnings decreased from $121.3 billion to $106.2 billion, with free cash flow dropping nearly 16% to $85.3 billion. Consequently, the management of the company opted to lower dividend disbursements.
In 2024, Aramco disbursed $124 billion to its shareholders, but this year the company plans to restrict its payout to just $85.4 billion. Nearly this entire total is attributed to basic dividends, whereas payments linked to financial metrics are expected to reach roughly $1 billion, compared to $43 billion distributed in 2024.
As the Saudi government holds a 97.5% stake in Aramco, the primary shareholder, the nation's budget is expected to lose over $30 billion in 2025.
source: bloomberg.com
In 2024, Aramco disbursed $124 billion to its shareholders, but this year the company plans to restrict its payout to just $85.4 billion. Nearly this entire total is attributed to basic dividends, whereas payments linked to financial metrics are expected to reach roughly $1 billion, compared to $43 billion distributed in 2024.
As the Saudi government holds a 97.5% stake in Aramco, the primary shareholder, the nation's budget is expected to lose over $30 billion in 2025.
source: bloomberg.com
