Royal Dutch Shell Plc Declares Dividend of $0.47 (LON:RDSB)
Royal Dutch Shell Plc (LON:RDSB) announced a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be paid a dividend of $0.47 per share on Monday, September 23rd. This represents a yield of 1.48%. The ex-dividend date of this dividend is Thursday, August 15th. The official announcement can be seen at this link.
LON RDSB opened at GBX 2,340.97 ($30.59) on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 47.21. The firm has a market capitalization of $87.87 billion and a price-to-earnings ratio of 9.43. Royal Dutch Shell has a one year low of GBX 2,227 ($29.10) and a one year high of GBX 2,725.50 ($35.61). The company has a fifty day simple moving average of GBX 2,525.39.
A number of research analysts have commented on the stock. Berenberg Bank set a GBX 2,900 ($37.89) price objective on shares of Royal Dutch Shell and gave the company a “neutral” rating in a research note on Friday, August 2nd. Barclays restated an “overweight” rating on shares of Royal Dutch Shell in a research note on Wednesday, July 24th. Societe Generale upgraded shares of Royal Dutch Shell to a “buy” rating in a research note on Friday, May 31st. Morgan Stanley restated an “equal weight” rating and issued a GBX 2,490 ($32.54) price objective on shares of Royal Dutch Shell in a research note on Friday, July 12th. Finally, Jefferies Financial Group set a GBX 3,050 ($39.85) price objective on shares of Royal Dutch Shell and gave the company a “buy” rating in a research note on Wednesday, June 12th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 3,019.29 ($39.45).
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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