While the start of the buy-back programme was announced (but not its amount), the positive surprise comes from the dividend. While the dividend is still down by 50% vs pre-COVID-19, management made a good decision, as this level is sustainable and will get rewarded.
29 Jul 2021
Q2: distribution update
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Q2: distribution update
Shell Plc (SHEL:LON) | 2,852 270.9 0.3% | Mkt Cap: 182,685m
- Published:
29 Jul 2021 -
Author:
Kevin VO -
Pages:
3
While the start of the buy-back programme was announced (but not its amount), the positive surprise comes from the dividend. While the dividend is still down by 50% vs pre-COVID-19, management made a good decision, as this level is sustainable and will get rewarded.