Shell Increases Quarterly Dividend By 15% To $0.331 Per Share, And $0.662 Per ADS
Portfolio Pulse from Benzinga Newsdesk
Shell has announced a 15% increase in its quarterly dividend to $0.331 per share, and $0.662 per ADS for the second quarter of 2023.
July 27, 2023 | 6:37 am
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Shell's dividend increase may attract income-focused investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often seen as a sign of a company's financial health and can attract income-focused investors. This increased demand for the stock can lead to a short-term increase in the stock price.
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