Policy. Scrip Dividend Programme. In September 2010, Royal Dutch Shell introduced a Scrip Dividend Programme which enables shareholders to increase their shareholding by choosing to receive new shares instead of cash dividends, if approved by the Board. Conclusion: Perspective On RDS Stock. Calendar (1) for the interim dividends and the final dividend for 2017: Coupon Rate ADR Ex-dividend date. Our policy is to grow the US dollar dividend through time in line with our view of Shell’s underlying earnings and cash flow. When setting the dividend, the Board of Directors looks at a range of factors, including the macroeconomic environment, the current balance sheet and future investment plans. After the tax free dividend allowance of £2,000 (fr 2018-19 onward) had been used then you pay tax at the appropriate self assessment rate.
SCRIP DIVIDEND PROGRAMME. Scrip: A scrip is one of several things but is primarily known as a document acknowledging debt . It may not be optimal, but I respect the pragmatism in their approach of trying to meet the expectations of the Shell long-term shareholder base.

-1 Dividends Shell Investors’ Handbook 2013-2017. When setting the dividend, the Board of Directors looks at a range of factors, including the macroeconomic environment, the … No dividend cuts. The scrip dividend plan is a good for Shell to maintain its legacy, keep shareholders happy, and only have to put out about 75% of the cash that they would if they didn’t have the program in place. Shell managed to get through the oil price downturn of 2014-2017, when oil prices toppled from over $100 per barrel to less than $30 per barrel, without cutting its dividend. Our policy is to grow the US dollar dividend through time in line with our view of Shell’s underlying earnings and cash flow. Policy. Companies short on cash often pay scrip dividends instead of cash dividends . ADR Payment date.