Saudi Aramco forced to pay to dividends despite coronavirus pandemic

The world's second-most valuable company has promised its shareholders fixed dividends of at least USD 75 billion per year for five years. But now Saudi Aramco finds itself forced to make cuts and divest in order to fulfill this pledge.

Photo: Ahmed Yosri/Reuters/Ritzau Scanpix

AF JESPER KILDEBOGAARD

Never promise more than you can keep, goes the old saying which management at Saudi Aramco now perhaps regrets that it forgot last year.

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Saudi Arabia cuts oil price
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Aramco's profit drops 73 percent
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Media: Saudi Aramco fires hundreds of staff
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