Shell announces $0.47 interim dividend for Q4 2014

Date:

Shell
Shell

By Etuka Sunday with agency report.

The Board of Royal Dutch Shell Plc on Thursday announced an interim dividend in respect of the fourth quarter of 2014 of US$0.47 per A ordinary share and B ordinary share, an increase of US$0.02 on the equivalent US dollar dividend for the same quarter last year.

The Board expects that the first quarter 2015 interim dividend will be US$0.47, equal to the US dollar dividend for the same quarter in the previous year. The first quarter 2015 interim dividend is scheduled to be announced on April 30, 2015.

Details relating to the fourth quarter 2014 interim dividend

READ MORE  NNPC targets 20% Equity in Nagarijuna Fertilizer Company

It is expected that cash dividends on the B Shares will be paid via the Dividend Access Mechanism from UK-sourced income of the Shell Group.

Cash dividends on A Shares will be paid, by default, in euro, although holders of A Shares will be able to elect to receive dividends in pounds sterling.

Cash dividends on B Shares will be paid, by default, in pounds sterling, although holders of B Shares will be able to elect to receive dividends in Euro.

 

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

READ MORE  Zungeru Hydropower Dam project: Compensation in progress

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

UNGA:Tinubu, Family Enjoy Unimpeded US Transit, Have No Case to Answer; Allegation Is Not a Crime — Jimoh Ibrahim

Nigerian Permanent Representative to the United Nations, Ambassador Jimoh...

HYPREP flags off phase two of Ogoni shoreline, mangrove restoration

By Mashe Umaru Gwamna The Hydrocarbon Pollution Remediation Project...

KIA Africa exits receivership as Bacita Sugar firm gets fresh investor lifeline

Lagos-based KIA Africa Group has regained full ownership and...

2027: Why Obasanjo, other elder statesmen should speak up over Tinubu’s US records

The Yoruba Ronu Leadership Forum has called on former...