SHERIDAN, WYOMING – November 04, 2024 – Shell plc continues to demonstrate its commitment to shareholder value with the announcement of its second quarter 2024 dividend payment. The energy giant has declared a dividend of US$0.344 per ordinary share, payable on September 23, 2024, to shareholders on the Register of Members as of August 16, 2024.
This dividend announcement reflects Shell's strong financial performance and its dedication to rewarding investors. The company's commitment to shareholder returns is a key pillar of its overall strategy, and this latest dividend payment underscores that commitment.
"We are pleased to announce another competitive dividend for our shareholders," said a Shell spokesperson. "This dividend reflects our strong financial performance and our ongoing commitment to delivering value to our investors."
Shell understands that investors have different preferences when it comes to receiving dividends. Therefore, the company offers shareholders the flexibility to receive their dividends in US dollars, euros, or pounds sterling. This optionality allows shareholders to choose the currency that best suits their individual needs and investment strategies.
"We recognize that our shareholders have diverse needs," added the spokesperson. "By offering dividend payments in multiple currencies, we aim to provide our investors with greater flexibility and convenience."
The euro and pound sterling equivalent dividend amounts were determined based on an average of market exchange rates over three dealing days. This approach ensures that shareholders receive a fair and transparent exchange rate, regardless of their chosen currency.
Shell's commitment to shareholder value extends beyond dividend payments. The company also actively engages with its investors through various channels, including regular earnings calls, investor presentations, and an informative investor relations website. This transparent and proactive approach to investor communication has earned Shell a reputation as a trusted and reliable investment partner.
As the global energy landscape continues to evolve, Shell remains focused on delivering sustainable long-term value for its shareholders. The company's commitment to innovation, operational excellence, and responsible energy solutions positions it for continued success in the years to come.
About Shell plc:
Shell plc is a global group of energy and petrochemical companies with over 80,000 employees in more than 70 countries. Shell uses advanced technologies and takes an innovative approach to help build a sustainable energy future. The company works to meet the world's growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible