Shell PLC Unsponsored ADR (SHEL) To Go Ex-Dividend on August 14th

Shell PLC Unsponsored ADR (NYSE:SHEL) announced a quarterly dividend on Thursday, October 30th. Investors of record on Friday, August 14th will be paid a dividend of 0.7812 per share by the energy company on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, August 14th.

Shell has raised its dividend payment by an average of 0.1%per year over the last three years. Shell has a payout ratio of 44.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Shell to earn $9.18 per share next year, which means the company should continue to be able to cover its $3.12 annual dividend with an expected future payout ratio of 34.0%.

Shell Stock Down 0.5%

Shell stock traded down $0.48 during midday trading on Wednesday, hitting $90.02. 1,294,734 shares of the company were exchanged, compared to its average volume of 7,150,689. The company has a market cap of $252.38 billion, a PE ratio of 9.95, a price-to-earnings-growth ratio of 0.59 and a beta of 0.05. Shell has a fifty-two week low of $68.63 and a fifty-two week high of $94.90. The company’s fifty day moving average price is $84.18 and its 200-day moving average price is $84.94. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.43 and a quick ratio of 1.12.

Shell (NYSE:SHEL) last issued its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.23 by $0.29. The company had revenue of $94.66 billion during the quarter, compared to the consensus estimate of $86.22 billion. Shell had a net margin of 8.55% and a return on equity of 14.34%. On average, research analysts predict that Shell will post 10.42 EPS for the current fiscal year.

Shell Company Profile

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.