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Aramco’s Dividend Yield Looking Less Attractive as Oil Surges

  • Saudi oil giant’s dividend yield is lower than peers like BP
  • Aramco dividend plans remain “vague,” BofA analysts say
The Aramco Oil Refinery in Dahran, Saudi Arabia. 

The Aramco Oil Refinery in Dahran, Saudi Arabia. 

Source: MyLoupe/Universal Images Group Editorial

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Investors buying Aramco shares in the hope that surging crude prices will encourage the company to follow other oil majors by boosting payouts are being disappointed.