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Royal Dutch Shell (RDS.A) (RDS.B) announced the pound sterling and euro equivalent dividend...

Royal Dutch Shell (RDS.A) (RDS.B) announced the pound sterling and euro equivalent dividend payment of $0.43/share for Class A and Class B shares. The board declares dividend on Class A and B shares will be paid in euro at €0.3333/share or in pound at £0.2686/share. The dividend will be payable on Dec. 20, to shareholders on record of Nov. 16. (PR)
Comments (2)
  • labas112
    , contributor
    Comments (304) | Send Message
     
    Should this be Dec 16th?
    7 Dec 2012, 01:30 PM Reply Like
  • The Shareholder
    , contributor
    Comments (21) | Send Message
     
    No, Nov. 16 is the correct date. Shell declares its dividends in terms of US dollars, even though it is a foreign firm. The company waits until just before making its dividend payments to announce the dividend rate for € and £ recipients to obtain the most recent exchange rate. Shell's dividend policy can be found here: http://bit.ly/XAuvgt
    7 Dec 2012, 09:01 PM Reply Like
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