Dividends
Policy
Our policy is to grow the US dollar dividend through time in line with our view of Shell’s underlying earnings and cash flow. When setting the dividend, the Board of Directors looks at a range of factors, including the macroeconomic environment, the current balance sheet and future investment plans.
Scrip Dividend Programme
The Company’s Scrip Dividend Programme enables shareholders to increase their shareholding by choosing to receive new shares instead of cash dividends (if approved by the Board). Only new A shares are issued under the programme, including to shareholders who hold B shares.
A and B shares |
$ |
||||
|---|---|---|---|---|---|
|
2016 |
2015 |
2014 |
2013 |
2012 |
Q1 |
0.47 |
0.47 |
0.47 |
0.45 |
0.43 |
Q2 |
0.47 |
0.47 |
0.47 |
0.45 |
0.43 |
Q3 |
0.47 |
0.47 |
0.47 |
0.45 |
0.43 |
Q4 |
0.47 |
0.47 |
0.47 |
0.45 |
0.43 |
Total announced in respect of the year |
1.88 |
1.88 |
1.88 |
1.80 |
1.72 |
A shares |
€[A] |
||||||
|---|---|---|---|---|---|---|---|
|
2016 |
2015 |
2014 |
2013 |
2012 |
||
|
|||||||
Q1 |
0.42 |
0.42 |
0.35 |
0.34 |
0.35 |
||
Q2 |
0.42 |
0.42 |
0.36 |
0.34 |
0.34 |
||
Q3 |
0.44 |
0.43 |
0.38 |
0.33 |
0.33 |
||
Q4 |
0.44 |
0.42 |
0.43 |
0.32 |
0.33 |
||
Total announced in respect of the year |
1.72 |
1.69 |
1.53 |
1.34 |
1.35 |
||
Amount paid during the year |
1.70 |
1.71 |
1.42 |
1.34 |
1.34 |
||
B shares |
Pence[A] |
||||||
|---|---|---|---|---|---|---|---|
|
2016 |
2015 |
2014 |
2013 |
2012 |
||
|
|||||||
Q1 |
32.98 |
30.75 |
28.03 |
28.99 |
27.92 |
||
Q2 |
35.27 |
30.92 |
29.09 |
28.67 |
27.08 |
||
Q3 |
37.16 |
31.07 |
30.16 |
27.51 |
26.86 |
||
Q4 |
38.64 |
32.78 |
31.20 |
26.88 |
28.79 |
||
Total announced in respect of the year |
144.05 |
125.52 |
118.48 |
112.05 |
110.65 |
||
Amount paid during the year |
138.19 |
123.94 |
114.16 |
113.96 |
108.60 |
||
A and B ADSs |
$ |
||||
|---|---|---|---|---|---|
|
2016 |
2015 |
2014 |
2013 |
2012 |
Q1 |
0.94 |
0.94 |
0.94 |
0.90 |
0.86 |
Q2 |
0.94 |
0.94 |
0.94 |
0.90 |
0.86 |
Q3 |
0.94 |
0.94 |
0.94 |
0.90 |
0.86 |
Q4 |
0.94 |
0.94 |
0.94 |
0.90 |
0.86 |
Total announced in respect of the year |
3.76 |
3.76 |
3.76 |
3.60 |
3.44 |
Amount paid during the year |
3.76 |
3.76 |
3.72 |
3.56 |
3.42 |
Scrip issuance A shares |
Number of shares in million |
||||||
|---|---|---|---|---|---|---|---|
|
2016 |
2015[A] |
2014[A] |
2013 |
2012 |
||
|
|||||||
Q1 |
65.7 |
– |
38.0 |
25.6 |
27.5 |
||
Q2 |
50.6 |
23.4 |
26.6 |
23.6 |
19.8 |
||
Q3 |
44.1 |
23.9 |
– |
39.1 |
22.3 |
||
Q4 |
58.9 |
49.0 |
– |
37.3 |
34.2 |
||
Total |
219.3 |
96.3 |
64.6 |
125.6 |
103.8 |
||
Number of shares repurchased [A] |
Number of shares in million |
||||||||
|---|---|---|---|---|---|---|---|---|---|
|
2016 |
2015[B] |
2014 |
2013 |
2012 |
||||
|
|||||||||
Q1 |
– |
12.7 |
32.4 |
16.1 |
1.3 |
||||
Q2 |
– |
– |
9.5 |
56.2 |
27.0 |
||||
Q3 |
– |
– |
21.4 |
45.4 |
2.4 |
||||
Q4 |
– |
– |
24.4 |
27.2 |
13.0 |
||||
Total |
– |
12.7 |
87.7 |
144.9 |
43.7 |
||||
