Dubai, United Arab Emirates (CNN) – Saudi oil giant, Saudi Aramco, on Sunday announced a cash dividend of $ 18.76 billion to shareholders for the fourth quarter of 2020.
In a statement on the Saudi market, Tadawul, Aramco said that the number of shares due for dividends has reached more than 199.8 billion shares, as the company will distribute 35.18 halalas per share.
The statement also mentioned that the eligibility date for shares is March 22, 2021, provided that “the eligibility for shareholders owning the shares shall be on the day of entitlement registered in the issuer’s shareholders’ register at the Depository Center at the end of the second trading day following the maturity date. ”
The share distribution date, according to Aramco, will be March 31, 2021.
On Sunday, Aramco also announced Its annual earnings for the year 2020Which amounted to $ 49 billion in the year 2020, a 44% decrease from the 2019 profit of $ 88.19 billion.