Shell hikes dividend following 'strong start' to 2021 | 29 April 2021
29 April 2021 | 07:28am StockMarketWire.com - Royal Dutch Shell has confirmed a 4% increase on its dividend per share payment to 17.35 cents for the first quarter of 2021, having made a strong start to the year. The oil giant said earnings rose to $3.2 billion, up from $393 million in the final quarter of 2020. It has also generated more than $8 billion of cash in the first three months of the year, while reducing net debt by over $4billion to $71.3 billion during the same time period. It is targeting a net debt figure of $65billion and said that once this milestone is achieved, it will aim...
Source: stockmarketwire.com