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 [...]
[...] The balance sheet must support dividends and re-investment through the low points in oil market cycles. Our intention is to generate sufficient free cash flow at the lower end of the price cycle to cover the cash dividend. Cash flow priorities 2016–18 Priorities for cash 1 Debt reduction 2 [...]
[...] a T + 2 cycle. As a result, the ex-dividend dates for A and B shares traded on these markets are one trading day later than A and B ADSs traded in the USA. Record dates are not affected. Both a different scrip and dividend currency election date may apply to shareholders holding shares in a [...]
[...] No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this publication are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not [...]
CCS earnings $7.2 billion excluding identified items Cash flow from operating activities $20.6 billion Total dividends distributed $15.0 billion of which $5.3 billion were settled under the Scrip Dividend Programme Gearing 28.0 % Divestments $4.7 billion Major project startups 8 Organic capital [...]
[...] prices, we intend to turn off our scrip dividend programme and undertake a share buy-back programme of at least $25 billion in 2017-2020. Around the end of the decade, our cash engines should have a more stabilised portfolio. With the main divestments and project ramp ups behind us, our growth [...]
[...] and executes the Royal Dutch Shell dividend, scrip and share buyback programmes. Risk and insurance We use robust methodologies and processes to assess, mitigate and manage risk in order to drive down our total cost. This includes the valuation of risk so that it can be properly taken into account [...]