Shell announces cancellation of Scrip Dividend Programme from fourth quarter 2017
Royal Dutch Shell plc (“Shell” or the “Company”) announces the cancellation of its Scrip Dividend Programme (the “Programme”) with effect from the fourth quarter 2017 Interim Dividend. The cancellation means that the fourth quarter 2017 Interim Dividend and future dividends will be settled entirely in cash, rather than the Company offering a share-based alternative.
As a result of the Programme cancellation, no scrip dividend will be offered for Shell’s fourth quarter 2017 Interim Dividend, to be announced on February 1, 2018. The third quarter 2017 Interim Dividend, payable on December 20, 2017, is not affected and provides eligible shareholders with a choice to receive that dividend in cash or in shares via the Programme.
Shareholders are reminded that cash dividends on A and B shares will be paid in Euro and Pound Sterling respectively, unless shareholders elect to receive the alternative currency. Cash dividends on ADSs will be paid in US Dollar.
Source / More: Royal Dutch Shell plc
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