• 09/21/2024

Shell to Raise Dividend, Boost Returns

Wall Street Journal

Shell said it will lift its shareholder distribution to 30%-40% of cash flow, with a 15% increase in dividend, and will also launch share buybacks of at least $5 billion for the second half of 2023.

https://www.wsj.com/articles/shell-to-lift-dividend-by-15-launch-5-billion-buyback-6da0b40f