Re:Dividend Cripples Saudi Aramco
by kaminar on Tuesday July 13, 2021 @07:39PM
(#27827554)
How many outstanding shares? Are all shares entitled to the dividend?
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According to an FT article I found[1] while digging up information about how mandatory the dividend is - it looks like minority shareholders are being given preference in receiving the dividend. Which makes a lot of sense if this was more of a PR stunt and less an effort to pull a bunch of company value into MBS's personal bank account.
1. https://www.ft.com/content/3c2c576c-51c6-4ced-b1c2-586c4b2f4...