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Seems like the critical missing piece of information is Aramco's annual profits. "Saudi Aramco profit of $49 billion in 2020 is down from $88.2 billion in 2019
by floxy 5y ago
Seems like the critical missing piece of information is Aramco's annual profits.
"Saudi Aramco profit of $49 billion in 2020 is down from $88.2 billion in 2019 and $111.1 billion in 2018."
https://apnews.com/article/dubai-saudi-arabia-united-arab-emirates-health-coronavirus-pandemic-672f523f199c133b4b9c819eea5acf6b https://apnews.com/article/dubai-saudi-arabia-united-arab-em...
...so if 2020 was an off year due to the pandemic, then the $75 billion/yr dividend probably isn't going to bankrupt them in the short term.