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I found the dividend situation confusing too. On Google finance the dividend yield is 4%. Afaik, only 10% of the stock is not being held by the saudi government
by random314 5y ago
I found the dividend situation confusing too. On Google finance the dividend yield is 4%. Afaik, only 10% of the stock is not being held by the saudi government. Assuming 2T market cap, the dividend obligation is 8B$ to shareholders. But the article indicates an order of magnitude higher dividend obligation. Are there dividend obligations above and beyond what's visible in Google finance?
- perl4ever 5y agoI believe a greater dividend has been promised than what is current, and the large figures are including the stock held by the government.