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LONDON - Shell (LON:SHEL) plc (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) has declared an interim dividend for the fourth quarter of 2024 at $0.358 per ordinary share, as announced today. The dividend marks a continued effort by the energy company to provide shareholder returns amidst the industry’s dynamic economic landscape.
Shareholders have the option to receive their dividends in US dollars, euros, or pounds sterling. By default, those holding shares through Euroclear Nederland will receive dividends in euros, and unless a different choice is made, shareholders in certificated and uncertificated form, as well as those holding through the Shell Corporate Nominee, will receive payouts in pounds sterling. The equivalent amounts for the pound sterling and euro dividends will be publicized on March 10, 2025.
For American Depositary Shares (ADS), each representing two ordinary shares, the interim dividend is set at $0.716, to be paid in US dollars unless otherwise requested. The ex-dividend date for ADSs is set for February 14, 2025, while for ordinary shares, it is February 13, 2025. The record date for both is February 14, 2025.
The dividend will be paid on March 24, 2025, with a currency election closing date of February 28, 2025. Shareholders must contact their respective brokers or financial institutions for specific election deadlines that may apply to them.
Additionally, Shell has made arrangements for Dividend Reinvestment Programmes (DRIPs) through various financial institutions, including Equiniti Financial Services Limited, ABN-AMRO NV, and JPMorgan Chase (NYSE:JPM) Bank, N.A., allowing shareholders to reinvest their dividends into additional Shell shares. Interested shareholders should reach out directly to these organizations for more information.
The announcement from Shell provides essential information for shareholders and the market, detailing the specifics of the dividend payment and reinvestment options. This statement is based on a press release issued by Shell plc.
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