04-03-2025 09:51 via rocketnews.com

The world’s biggest dividend has just been cut. Here’s why.

Published: March 4, 2025 at 3:51 a.m. ETSaudi Arabian Oil Co. has slashed its massive dividend payout — the world’s biggest — as the state oil producer’s profit fell amid struggling oil prices.Also known as Saudi Aramco SA:2222, the company reported net income for 2024 fell to $106.2 billion from $121.3 billion in 2023.Article Attribution | Read More at Article Source
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