Shell PLC Unsponsored ADR (NYSE:SHEL – Get Free Report) declared a quarterly dividend on Thursday, October 30th. Shareholders of record on Friday, November 14th will be paid a dividend of 0.716 per share by the energy company on Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, November 14th.
Shell has decreased its dividend payment by an average of 0.0%annually over the last three years. Shell has a payout ratio of 40.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Shell to earn $7.97 per share next year, which means the company should continue to be able to cover its $2.86 annual dividend with an expected future payout ratio of 35.9%.
Shell Stock Up 0.6%
SHEL opened at $77.05 on Wednesday. The business has a 50-day moving average of $73.15 and a 200-day moving average of $71.12. Shell has a fifty-two week low of $58.54 and a fifty-two week high of $77.47. The company has a market capitalization of $223.89 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.81 and a beta of 0.39. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.32 and a quick ratio of 1.07.
Shell Company Profile
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions 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 to deliver gas to market.
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