Royal Dutch Shell (LSE: 0LN9.L - news) on Tuesday announced plans to resume all-cash shareholder dividends, as group profitability improves thanks to recovering oil prices and cost-cutting.
The announcement to scrap the three-year old scrip dividend programme, that saw payments made in cash and shares, was made alongside news that the Anglo-Dutch group has raised its cash flow outlook andRead more
Net profit at Royal Dutch Shell increased more than sevenfold in the first quarter as oil prices recovered from heavy declines, the energy giant said on Thursday.
Profit after tax came in at $3.538 billion (3.247 billion euros) in the three months to March, compared with $484 million in the first quarter of 2016, the Anglo-Dutch group said in aRead more