Shell confirms hefty dividend payouts to shareholders in "Shelling Out"


The rate of return for Shell's record second quarter performance this year has been established with the confirmation

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that shareholders would be able to receive sizeable dividends in euros, pounds, and dollars in addition to dollars.

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As an alternative to the $0.25 per share dividend declared on July 28 with its results,

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shareholders will be entitled to a dividend of €0.2499, or 21.57 pence per share.

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The Energy Profits Levy, introduced by former chancellor Rishi Sunak, will affect the business.

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The new tax will be applied to income generated after May 26

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it will have a negative impact of around $400m on the deferred tax position currently recognised in Shell’s balance sheet.

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