Saudi Aramco says it still plans to pay $75 billion in dividends for 2020
Payouts to minority shareholders as pledged are protected for five years
 "Saudi Aramco says it still plans to pay $75 billion in dividends for 2020")
premium
Saudi Aramco still plans to pay $75 billion in dividends this year, the chief executive of the world's top oil exporting company said on Sunday.
"We intend to pay the $75 billion, subject to board approval and market conditions," Aramco CEO Amin Nasser told reporters on a conference call after announcing the company's quarterly results.
Payouts to minority shareholders as pledged are protected for five years, he added.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%