Arabian Aramco Total Services Co. said that shareholders of its parent company, Saudi Aramco Total Refining and Petrochemical Co. (SATORP), have approved the cash dividend for fiscal year 2016.

 

Earlier this week, SATORP had recommended a 5.5 percent cash dividend (SAR0.55 per share) for fiscal year 2016 to be distributed to partners in SATORP, Saudi Arabian Oil Co. (Saudi Aramco) and Total Refining & Chemicals Saudi Arabia SAS, according to data compiled by Argaam. 

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