Our ordinary dividend for each quarter is declared in SAR to institutional and individual public shareholders. Upcoming ordinary ex-date (the date on or after which a security is traded without a previously declared dividend or distribution) and payment dates are shown in the dividend payment table below. For all questions relating to our dividend and payment schedules, please refer to our frequently asked questions (FAQ). The dividend payment represents the performance of the quarter that it relates to.
Aramco declared a dividend of $18.8 billion for the fourth quarter, to be paid in Q1 2022. The Board of Directors also recommended that $4 billion in retained earnings be capitalized and bonus shares be distributed to shareholders, subject to required Extraordinary General Assembly and regulatory approvals. Under the recommendation, shareholders would be granted one bonus share for every ten shares owned. As a result, the total dividend for 2021 is $75 billion in cash, in addition to bonus shares.