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 yield of 3.5%. The ex-dividend date of this dividend is Friday, August 14th.

Shell has raised its dividend by an average of 0.1%annually over the last three years. Shell has a dividend payout ratio of 44.6% indicating that its dividend is sufficiently covered by earnings. 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 Performance

SHEL traded down $0.56 during trading on Wednesday, hitting $89.94. The company’s stock had a trading volume of 2,077,078 shares, compared to its average volume of 7,151,365. The business’s 50 day simple moving average is $84.18 and its 200-day simple moving average is $84.94. The firm has a market cap of $252.16 billion, a PE ratio of 9.92, a P/E/G ratio of 0.59 and a beta of 0.05. Shell has a one year low of $68.63 and a one year high of $94.90. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.36.

Shell (NYSE:SHEL) last posted its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, topping the consensus estimate of $3.23 by $0.29. Shell had a return on equity of 14.34% and a net margin of 8.55%.The firm had revenue of $94.66 billion during the quarter, compared to analyst estimates of $86.22 billion. As a group, sell-side 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.