The Board of Royal Dutch Shell plc (“RDS”) today announced the payments of the pounds sterling and euro equivalent interim dividends for the first quarter of 2021, which were announced on April 29, 2021 at US$0.1735 per A ordinary share (“A Share”) and B ordinary share (“B Share”).
By default, dividends on A Shares will be paid in euros at a rate of €0.1426 per A Share. Holders of A Shares who have submitted valid currency elections in US dollars or pounds sterling by May 28, 2021 will receive a dividend of US$0.1735 or 12.26p per A Share, respectively.
B Share dividends will be paid in pounds sterling at a rate of 12.26p per B Share by default. Holders of B Shares who have submitted valid currency elections in US dollars or euros by May 28, 2021 will receive a dividend of US$0.1735 or €0.1426 per B Share, respectively.
Dividends payable in cash in euros and pounds sterling were converted from US dollars using an average of market exchange rates for three dealing days from June 2 to 4, 2021.
This dividend will be paid to members whose names were on the Register of Members on May 14, 2021 on June 21, 2021.
Taxation – cash dividend
Dutch dividend withholding tax will be deducted on cash dividends on A Shares at a rate of 15%, which may be lowered in certain circumstances. Non-Dutch resident shareholders may be eligible for a full or partial refund of Dutch dividend withholding tax, depending on their circumstances.
If you have any questions about how dividends are taxed, you should visit a tax advisor.
Note
Shareholders holding shares in a securities account with a bank or financial institution and ultimately holding through Euroclear Nederland may have a separate currency election date. Other shareholders who do not own their shares directly on the Register of Members or through a corporate-sponsored nominee arrangement may also be affected. Shareholders can find out when the election deadline is by contacting their broker, financial intermediary, bank, or financial institution.
CAUTIONARY NOTE
Royal Dutch Shell plc has direct and indirect investments in companies that are different legal entities. This release contains the following information: “When referring to Royal Dutch Shell plc and its subsidiaries in general, the terms “Shell”, “Shell Group”, and “Group” are sometimes used for convenience. Similarly, the terms “we,” “us,” and “our” are used interchangeably “The terms “our” and “Royal Dutch Shell plc and its subsidiaries in general, as well as people who work for them, are also used. These phrases are also used when naming a specific entity or entities serves no beneficial purpose. In this release, the terms “subsidiaries,” “Shell subsidiaries,” and “Shell companies” refer to entities over which Royal Dutch Shell plc has direct or indirect control. “Joint ventures” and “joint operations” are terms used to describe entities and unincorporated arrangements over which Shell has joint control. Shell has tremendous influence over entities over whom it has no control or joint control “Partners.” The phrase “Shell interest” is a word used to describe Shell’s direct and/or indirect ownership stake in a company or unincorporated joint venture after all third-party interests have been removed.
In this statement, we may have used phrases that the Securities and Exchange Commission (SEC) severely restricts us from publishing in our filings with the SEC, such as resources. Investors should carefully review the disclosure in our Form 20-F, File No 1-32575, which is available on the SEC’s website at www.sec.gov.
Additional regulated information that must be disclosed under the regulations of a Member State is classified.
Is ABBV a good dividend stock?
It enables investors to gain high effective yields on outperforming stocks. Those capital gains are, of course, long-term. AbbVie is a great dividend stock if you’re willing to take a bit higher risk than some of the lower-yielding, lower-volatility alternatives.
What stocks to buy when oil is high?
ConocoPhillips (NYSE:COP), a global exploration and production company; Exxon Mobil (NYSE:XOM), a large-scale, integrated supermajor; and Phillips 66 (NYSE:PSX), a leading refining company with midstream, chemical, and distribution operations, are three top oil companies worth considering in light of the industry’s headwinds.
What green energy stocks pay dividends?
Five Solid Dividend-Paying Renewable Energy Stocks
- Brookfield Renewables is a renewable energy company based in Brookfield Brookfield Renewables is a small business established in the United States.
Is Pfizer a good dividend stock?
Despite its caution, PFE offers investors one of the highest dividend rates. With a current yield of 3.7 percent, it ranks among the top 25% of dividend payers in the market. Due to the recent price increase, its yield appears to be low. As a result, investors who made investments in 2021 saw their money grow.
Will Pfizer Stocks Grow?
Pfizer’s Q2 2021 sales increased by 86 percent year over year to $19.0 billion, mostly due to $7.8 billion in sales from its Covid-19 vaccine, and this vaccine’s contribution is likely to continue in Q3. Overall, it appears that the Covid-19 vaccine will continue to drive the company’s top and bottom line growth for the time being, but aside from that, revenue for the company’s other drugs increased 10% in Q2, led by strong growth in biosimilars and alliance revenues, a trend that is expected to continue in the near term. Our Pfizer Revenues dashboard has further information on the company’s segments.
2) Earnings per share are expected to be higher than consensus projections.
According to Trefis study, Pfizer’s adjusted earnings per share (EPS) for Q3 2021 will be $1.35, compared to the average forecast of $1.08. Pfizer’s adjusted net income of $6.1 billion in Q2 2021 was up 75% from $3.5 billion the previous quarter, owing to increasing revenues. The adjusted EPS for the full year 2021 is expected to be $4.65, up from $2.22 in 2020.
With an EPS forecast of $4.65 and a P/E multiple of 11x in 2021, our Pfizer valuation equates to a price of $52, which is nearly 18% higher than the current market price of $44. While the 11x figure is lower than the over 14x expected in 2018 and the 16x projected as recently as late 2020, it can be explained by the fact that Pfizer’s EPS will be very high in 2021, followed by a fall from 2022 onwards, due to a slowdown in Covid-19 vaccine sales. For more information, see our Covid-19 Vaccine Updates.
Note: P/E Multiples are calculated using the closing share price and reported (or predicted) Adjusted Earnings for the entire year.
While PFE stock appears to be appealing at current prices, the year 2020 has created a number of pricing discontinuities that could provide trading opportunities. For example, the stock valuation for Mettler vs Abbott is quite counter-intuitive. What if you’d rather have a more well-balanced portfolio? Since 2016, this high-quality portfolio has regularly outperformed the market.
- Pfizer claims that their antiviral pill is extremely effective in the treatment of Covid. The New York Times, 5 November 2021, Rebecca Robbins
Is Pfizer a dividend aristocrat?
Pfizer has paid a dividend since 1980 and has grown it for 11 years in a row, earning the business the title of Dividend Contender. PFE was a Dividend Aristocrat until the Great Recession, when it slashed its dividend.
Pfizer has a wide moat thanks to its strategic assets (patents), economies of scale, and strong distribution network. The company has a broad and diverse medicine portfolio, as well as a steady pipeline of novel products.
Is Altria a dividend aristocrat?
BEN, CAH, and MO are three of the most undervalued high-yield dividend aristocrats on the market today. Each of these high-yield aristocrats has a highly safe yield of 3.7 percent to 7.5 percent and a 5-year CAGR return potential of 16 percent to 18 percent.
What is difference between Shell A and B shares?
The A shares (previously Royal Dutch) are listed in Amsterdam and London. The B shares (previously Shell Transport and Trading) are mostly traded on the London Stock Exchange. Dividends paid on B shares have a UK source for tax reasons and are not subject to withholding tax in the UK or the Netherlands.
