Royal Dutch Shell Plc (LON:RDSB) announced a dividend on Thursday, July 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 13th will be paid a dividend of $0.16 per share on Monday, September 21st. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, August 13th. The official announcement can be viewed at this link.
Shares of LON RDSB traded down GBX 2.40 ($0.03) during trading on Thursday, reaching GBX 1,181.40 ($14.54). The company had a trading volume of 2,968,623 shares, compared to its average volume of 5,080,000. The stock has a market cap of $43.78 billion and a P/E ratio of 9.66. The company’s fifty day moving average price is GBX 1,259.50 and its 200-day moving average price is GBX 1,495.06. The company has a quick ratio of 0.77, a current ratio of 1.12 and a debt-to-equity ratio of 51.84. Royal Dutch Shell has a 12 month low of GBX 8.89 ($0.11) and a 12 month high of GBX 2,641 ($32.50).
RDSB has been the subject of several analyst reports. UBS Group restated a “buy” rating and set a GBX 1,750 ($21.54) price target (up previously from GBX 1,650 ($20.31)) on shares of Royal Dutch Shell in a report on Monday, June 15th. Morgan Stanley restated a “neutral” rating and issued a GBX 1,160 ($14.28) target price on shares of Royal Dutch Shell in a report on Monday, April 20th. Bank of America increased their price target on Royal Dutch Shell from GBX 1,810 ($22.27) to GBX 1,935 ($23.81) and gave the stock a “buy” rating in a report on Monday, June 22nd. Goldman Sachs Group set a GBX 1,810 ($22.27) price objective on Royal Dutch Shell and gave the company a “buy” rating in a research note on Thursday. Finally, CSFB restated a “buy” rating on shares of Royal Dutch Shell in a research report on Friday, May 1st. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,818.95 ($22.38).
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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