Shell Announces Quarterly Dividend and Launches Share Buyback Program
Royal Dutch Shell (SHEL) has declared a quarterly dividend of $0.7812 per American Depositary Share (ADS), consistent with the previous quarter, resulting in an annualized yield of 3.54%. The dividend will be payable on September 21 to shareholders of record as of August 14, with ex-dividend date also set for August 14. In addition to maintaining its dividend policy, Shell has announced a $4.2 billion share buyback program aimed at returning capital to shareholders and enhancing shareholder value through stock repurchases.
Tickers: $SHEL
Topics: dividend shareholder payout Shell (SHEL)