Saudi Aramco sees profit dive 50% for the first half of the year, but keeps its $75 billion dividend payout intact

Business Insider

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· *Saudi Aramco posted a 50% dive in profits for the first half of the year, as the pandemic destroyed energy demand.  *
· *Yet the oil major kept its $75 billion dividend intact, most of which will be paid out to Riyadh government officials in the third quarter.*
· *The decision to retain its dividend was influenced by...

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