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Saudi Arabian Oil Company (“Saudi Aramco” or the “Company”) Announces the Distribution of Base Dividend for the Second Quarter of 2024 and the fifth distribution of the Performance-linked Dividends based on the combined full-year results of 2022 and 2023
| Element List | Explanation |
|---|---|
| Introduction | Saudi Aramco declares base dividends to shareholders for the second quarter of 2024, which is aligned with Saudi Aramco’s dividend policy aiming to deliver a sustainable and progressive dividend. In addition, Saudi Aramco declares the fifth distribution of the performance-linked dividends to shareholders based on the combined full-year results of 2022 and 2023. |
| Date of the board’s decision | 2024-08-05 Corresponding to 1446-02-01 |
| The Total amount distributed | Total of SAR 116.45 billion ($31.05 billion), comprised of: Base dividend of SAR 76.06 billion ($20.28 billion) Performance-linked dividend of SAR 40.39 billion ($10.77 billion) |
| Number of Shares Eligible for Dividends | 241,842,546,912 |
| Dividend per share | Total of SAR 0.4815, comprised of: Base dividend of SAR 0.3145 Performance-linked dividend of SAR 0.1670 |
| Percentage of Dividend to the Share Par Value (%) | 0 |
| Eligibility date | 2024-08-20 Corresponding to 1446-02-16 |
| Distribution Date | 2024-08-29 Corresponding to 1446-02-25 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None. |
| Additional Information | - |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 27.05
Net Change 0.1 (+0.37%)
Value Traded (Sar) 274,163,418.3
Volume Traded 10,151,521
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