5 Most Profitable Dividend Stocks

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1. Saudi Arabian Oil Company (TADAWUL:2222.SR)

Trailing Twelve Month Net Income: $156.77 billion (1SAR = 0.27USD)

Trailing Annual Dividend Yield: 3.96%

Saudi Arabian Oil Company (TADAWUL:2222.SR), also known as Aramco, is the biggest oil company in the world. The firm’s second quarter of 2023 profits tanked by a massive 40% after global energy markets stabilized after the turmoil from Russia’s Ukraine war. However, in order to keep investors happy, Aramco also announced a dividend increase. Its biggest shareholder is the Saudi Government, which makes money from the company through dividends that enable Saudi Arabia to balance its budget.

Disclosure: None.  You can also take a look at 18 Biggest Generative AI Companies In The World and Goldman Sachs Dividend Stocks: Top 12 Stock Picks.

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