Aramco pays base, performance-linked dividend at SAR 0.33/share

04/03/2025 Argaam Exclusive
Saudi Arabian Oil Co. (Saudi Aramco) announced the payment of a base dividend of SAR 79.28 billion ($21.14 billion), at SAR 0.3278 per share, for Q4 2024.
 

It also announced the seventh payment of a performance-linked dividend of SAR 0.0034 a share, totaling SAR 0.82 billion ($0.22 billion), based on the combined full-year results of 2024.

 

The total dividends reached SAR 0.3312 a share.

 

Q4 2024 base dividends increased 4.2% from Q3 2024, aligning with Saudi Aramco’s policy of distributing sustainable and lucrative dividends.

 

The performance-linked dividends are the first based on the full annual financial statements for 2024, which were calculated on a 70% of the free cash flows, after the deduction of base dividends and any other items, including foreign investments.

 

Dividend Details (Q4 2024)

Current Capital*

SAR 90 bln

Number of Shares**

242 bln

Total Dividend

SAR 80.10 bln

Base Dividend

SAR 79.28 billion (SAR 0.3278 per share)

Performance-linked Dividend

SAR 0.82 billion (SAR 0.0034 per share)

Dividend per Share

SAR 0.3312 a share

Record Date

March 17, 2025

Payment Date

March 26, 2025

 

Dividend Details 2024

Total Dividend

SAR 430.57 bln

Dividend per Share

SAR 1.77 per share

*Shares have no nominal value

** Number of shares entitled for distribution are 241.84 bln

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
04/03/2025 17/03/2025 26/03/2025 80,100.00 0.33
05/11/2024 14/11/2024 26/11/2024 116,450.00 0.48
06/08/2024 20/08/2024 29/08/2024 116,450.00 0.48
07/05/2024 14/05/2024 23/05/2024 116,510.00 0.48
10/03/2024 13/03/2024 28/03/2024 116,500.00 0.48
07/11/2023 14/11/2023 30/11/2023 110,180.00 0.46
07/08/2023 10/09/2023 27/09/2023 110,180.00 0.46
09/05/2023 16/05/2023 31/05/2023 73,160.00 0.30
12/03/2023 14/03/2023 20/03/2023 73,150.00 0.30
01/11/2022 08/11/2022 28/11/2022 70,330.00 0.29
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years 4.64 29.39 15.80 %
Last 5 Financial years 6.97 29.02 24.01 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

24.79
0.04 0.16 %

Valuation Data (Latest Share Price)

P/E (TTM) 16.41
P/E Before Unusual Items (TTM) 16.25
P/BV 4.04
Dividend Yield 6.33 %
Market Cap. (M) 5,999,186.05
Return on Average Assets 14.87 %
Return on Average Equity 24.45 %

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