Aramco Payout
Saudi Aramco to pay $31 billion dividend as kingdom seeks to plug budget gap
The world's largest oil company reported that first-quarter net income declined 14% to $27.3 billion

Amin H. Nasser, President & CEO of Aramco. (Photo: Getty Images)
Saudi Aramco, the world’s largest oil company, will distribute $31 billion in dividends despite a decline in first-quarter profit.
The payout is critical to the Saudi government, which owns 82% of the company and has reported a deficit...