Shell Confirms $0.344 Interim Dividend Per Share, Payments Available in Dollars, Euros, or Pounds
Portfolio Pulse from Benzinga Newsdesk
Shell plc has confirmed a $0.344 interim dividend per share for Q2 2024, with payments available in US dollars, euros, or pounds. Shareholders must elect their preferred currency by September 2, 2024.
September 09, 2024 | 7:00 am
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POSITIVE IMPACT
Shell plc has confirmed a $0.344 interim dividend per share for Q2 2024, with options for payment in US dollars, euros, or pounds. This announcement may attract dividend-focused investors and could provide short-term support to the stock price.
The confirmation of a dividend payment is generally positive news for shareholders, as it indicates financial stability and a return of capital. Offering payment in multiple currencies may also appeal to a broader investor base. This could lead to increased interest from dividend-focused investors, potentially supporting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100