Shell Declares Q4 2023 Interim Dividend of $0.344/Share
Ticker: RYDAF · Form: 6-K · Filed: Feb 1, 2024 · CIK: 1306965
| Field | Detail |
|---|---|
| Company | Shell PLC (RYDAF) |
| Form Type | 6-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: dividend, shareholder-return, Q4-2023, energy
TL;DR
**Shell just declared a $0.344 per share dividend for Q4 2023, giving cash back to shareholders.**
AI Summary
Shell plc announced on February 1, 2024, an interim dividend of US$0.344 per ordinary share for the fourth quarter of 2023. Shareholders have the flexibility to elect to receive their dividends in US dollars, euros, or pounds sterling. This matters to investors because it confirms a direct return on their investment, signaling financial stability and a commitment to shareholder value, which can influence stock attractiveness.
Why It Matters
This dividend announcement means Shell is returning cash to shareholders, which can make the stock more appealing to income-focused investors and signals the company's financial health.
Risk Assessment
Risk Level: low — This filing is a routine dividend announcement, which generally indicates financial stability rather than risk.
Analyst Insight
A smart investor would view this consistent dividend as a positive sign of financial health and consider it for income-generating portfolios, while also monitoring future earnings reports for sustainability.
Key Numbers
- $0.344 — Interim Dividend per Ordinary Share (for the fourth quarter of 2023)
Key Players & Entities
- Shell plc (company) — the company announcing the dividend
- US$ 0.344 (dollar_amount) — the interim dividend per ordinary share for Q4 2023
- February 1, 2024 (date) — the date the dividend was announced
- Euroclear Nederland (company) — entity through which shareholders may receive dividends in euros
- Shell Corporate Nominee (company) — entity through which shareholders may receive dividends in pounds sterling
Forward-Looking Statements
- Shell plc will continue to issue regular dividends in the coming quarters. (Shell plc) — high confidence, target: Q1 2024 earnings report
FAQ
What is the specific amount of the interim dividend announced by Shell plc for the fourth quarter of 2023?
Shell plc announced an interim dividend of US$0.344 per ordinary share for the fourth quarter of 2023.
When was this interim dividend announcement made by Shell plc?
The interim dividend announcement was made on February 1, 2024.
In which currencies can shareholders elect to receive their dividends?
Shareholders will be able to elect to receive their dividends in US dollars, euros, or pounds sterling.
How will shareholders holding ordinary shares through Euroclear Nederland receive their dividends if no election is made?
Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros.
How will shareholders (both certificated and uncertificated) and those holding shares through the Shell Corporate Nominee receive their dividends if no election is made?
Absent any valid election to the contrary, these shareholders will receive their dividends in pounds sterling.
Filing Stats: 1,866 words · 7 min read · ~6 pages · Grade level 14.7 · Accepted 2024-02-01 06:13:11
Filing Documents
- f6k_020124.htm (6-K) — 20KB
- 0001171843-24-000499.txt ( ) — 22KB
Forward-Looking Statements
Forward-Looking Statements This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as "aim", "ambition", anticipate'', believe'', could'', estimate'', expect'', goals'', intend'', may'', "milestones", objectives'', outlook'', plan'', probably'', project'', risks'', "schedule", seek'', should'', target'', will'' and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing cou
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Shell plc (Registrant) Date: February 1, 2024 /s/ Caroline Omloo Caroline Omloo Company Secretary