Royal Dutch Shell PLC (RDS.A) to Issue Quarterly Dividend of $0.80 on September 18th
Royal Dutch Shell PLC (NYSE:RDS.A) declared a quarterly dividend on Thursday, July 27th, NASDAQ reports. Stockholders of record on Friday, August 11th will be given a dividend of 0.799 per share by the energy company on Monday, September 18th. This represents a $3.20 annualized dividend and a dividend yield of Infinity. The ex-dividend date is Wednesday, August 9th.
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A number of research firms have issued reports on RDS.A. Morgan Stanley restated a “buy” rating on shares of Royal Dutch Shell PLC in a report on Thursday, April 13th. Citigroup Inc. lowered shares of Royal Dutch Shell PLC from a “neutral” rating to a “sell” rating and set a $47.00 target price on the stock. in a report on Wednesday, April 19th. Simmons reduced their target price on shares of Royal Dutch Shell PLC from $61.00 to $60.00 and set an “overweight” rating on the stock in a report on Thursday, April 20th. Societe Generale upgraded shares of Royal Dutch Shell PLC from a “hold” rating to a “buy” rating in a report on Friday, May 5th. Finally, Scotiabank set a $54.00 target price on shares of Royal Dutch Shell PLC and gave the company a “hold” rating in a report on Saturday, May 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $57.13.
About Royal Dutch Shell PLC
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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