Company announced Saudi Aramco About distributing cash dividends to shareholders in the amount of SR70.33 billion ($18.76 billion) for the first quarter of 2022.
Aramco said in a statement on “Tadawul Saudi Arabia” today, Sunday, that the share’s share of the distribution is 0.3198 riyals, with a distribution ratio of 0% to the nominal value of the share.
The number of shares entitled to dividends is about 219.91 billion shares.
The eligibility date is May 23, 2022, provided that the eligibility is for the shareholders owning the shares on the due date who are registered in the issuer’s shareholders’ register at the Securities Depository Center at the end of the second trading day following the maturity date.
The distribution date is June 8, 2022.
The Extraordinary General Assembly of Saudi Aramco, held on May 12, had approved the recommendation of the Board of Directors in the first quarter of 2022 to capitalize 15 billion riyals ($ 4 billion) of retained earnings and grant one bonus share for every ten outstanding shares owned by the shareholder.