Saudi Arabian Oil Company — Aramco — marks today, March 16, 2026, as the ex-dividend date for its fourth-quarter 2025 cash dividend, with the distribution scheduled for March 31. The milestone comes as Saudi Arabia’s national energy giant closes out a year in which it maintained its position as the world’s most profitable listed company, generating a full-year net profit of SAR 348.04 billion despite headwinds from softer global oil prices.
Full-Year 2025 Performance
Saudi Aramco’s 2025 annual profit of SAR 348.04 billion — approximately USD 92.8 billion at current exchange rates — represents a 12 percent decline from the previous year, largely attributable to lower average realised oil prices through the period. The fourth quarter alone delivered SAR 69.5 billion in net profit, while the third quarter had posted SAR 97.3 billion, and the first half of the year combined for SAR 181.3 billion. The company’s full-year earnings remain the envy of virtually every listed corporation on the planet.
Despite the profit decline, Aramco continued to deliver on its shareholder commitment. The company’s dividend policy is one of the most closely watched in global energy, given that Aramco’s largest shareholders include the Saudi Government — which holds approximately 98 percent of shares through the Public Investment Fund (PIF) and the Ministry of Finance — meaning the dividend stream represents a critical revenue contribution to Saudi Arabia’s national budget and sovereign wealth strategy.
Aramco’s Stock and Market Position
Aramco shares on the Tadawul have risen approximately 13.72 percent year-to-date in 2026, with the stock trading at SAR 27.10 as of the most recent session. The company’s market capitalisation remains one of the largest in the world, cementing its status as the cornerstone of Saudi Arabia’s financial markets and a critical component of the TASI index.
Analyst coverage of the stock has been broadly positive. AlJazira Capital rated Aramco as Overweight in February 2026, while earlier ratings from Morgan Stanley and EFG-Hermes ranged from Hold to Buy — reflecting the company’s stable long-term fundamentals amid near-term oil price uncertainty. With the ex-dividend date confirmed and the distribution set for end of March, investors holding Aramco shares as of today are entitled to receive the latest cash payment.
Energy Giant in a Transforming Kingdom
Aramco’s dividend cycle is more than a financial event — it is a reflection of the central role the company plays in funding Saudi Arabia’s Vision 2030 transformation. From giga-projects and infrastructure to social programmes and diversification initiatives, the revenues flowing through Aramco’s dividend pipeline directly support the Kingdom’s ambitions. Even in a year of lower oil prices and reduced profits, the company’s ability to sustain one of the world’s largest dividend programmes speaks to the depth and resilience of its operational model, its vast reserves, and its integrated downstream network that spans refining, petrochemicals, and global distribution.
