Royal Dutch Shell Plc (LON:RDSB) Declares Dividend of $0.16

Royal Dutch Shell Plc (LON:RDSB) announced a dividend on Thursday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 13th will be given a dividend of $0.16 per share on Monday, September 21st. This represents a dividend yield of 1.04%. The ex-dividend date is Thursday, August 13th. The official announcement can be accessed at this link.

LON:RDSB opened at GBX 1,080.80 ($13.30) on Friday. Royal Dutch Shell has a 52 week low of GBX 8.89 ($0.11) and a 52 week high of GBX 2,641 ($32.50). The company has a quick ratio of 0.77, a current ratio of 1.12 and a debt-to-equity ratio of 51.84. The stock has a market capitalization of $40.06 billion and a PE ratio of 8.84. The stock’s 50-day moving average price is GBX 1,249.86 and its 200-day moving average price is GBX 1,484.09.

RDSB has been the topic of a number of analyst reports. HSBC dropped their target price on Royal Dutch Shell from GBX 1,545 ($19.01) to GBX 1,500 ($18.46) and set a “neutral” rating on the stock in a research report on Thursday, May 14th. UBS Group restated a “buy” rating and set a GBX 1,750 ($21.54) target price (up from GBX 1,650 ($20.31)) on shares of Royal Dutch Shell in a research report on Monday, June 15th. Royal Bank of Canada set a GBX 2,000 ($24.61) target price on Royal Dutch Shell and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley restated a “neutral” rating and set a GBX 1,160 ($14.28) target price on shares of Royal Dutch Shell in a research report on Monday, April 20th. Finally, Credit Suisse Group reaffirmed a “buy” rating and issued a GBX 1,600 ($19.69) price target on shares of Royal Dutch Shell in a research note on Friday. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,812.95 ($22.31).

Royal Dutch Shell Company Profile

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

Recommended Story: Why is Cost of Capital Important?

Dividend History for Royal Dutch Shell (LON:RDSB)

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.