Royal Dutch Shell Plc (LON:RDSB) to Issue $0.47 Dividend

Royal Dutch Shell Plc (LON:RDSB) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be given a dividend of $0.47 per share on Monday, September 23rd. This represents a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, August 15th. The official announcement can be accessed at this link.

Royal Dutch Shell stock opened at GBX 2,350.50 ($30.71) on Tuesday. The company has a market cap of $88.04 billion and a P/E ratio of 9.47. The firm’s fifty day simple moving average is GBX 2,529.74. The company has a quick ratio of 0.73, a current ratio of 1.10 and a debt-to-equity ratio of 47.21. Royal Dutch Shell has a 1-year low of GBX 2,227 ($29.10) and a 1-year high of GBX 2,725.50 ($35.61).

A number of research analysts have recently weighed in on the stock. HSBC cut their price target on shares of Royal Dutch Shell from GBX 2,875 ($37.57) to GBX 2,780 ($36.33) and set a “buy” rating on the stock in a report on Wednesday, August 7th. Morgan Stanley restated an “equal weight” rating and set a GBX 2,490 ($32.54) price target on shares of Royal Dutch Shell in a report on Friday, July 12th. Royal Bank of Canada restated a “sector performer” rating on shares of Royal Dutch Shell in a report on Friday, August 2nd. Goldman Sachs Group set a GBX 3,640 ($47.56) price target on shares of Royal Dutch Shell and gave the company a “buy” rating in a report on Thursday, August 1st. Finally, UBS Group set a GBX 2,900 ($37.89) price target on shares of Royal Dutch Shell and gave the company a “buy” rating in a report on Monday, July 29th. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Royal Dutch Shell presently has an average rating of “Buy” and a consensus price target of GBX 3,019.29 ($39.45).



About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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Dividend History for Royal Dutch Shell (LON:RDSB)

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