04-30-2020, 02:37 AM
Well Royal Dutch Shell just dropped a bomb.
I was expecting something along the lines of a 50% div cut somewhere around Q3 this year.
"Starting this quarter, the Board has decided to reduce our quarterly dividend to 16 US cents per share."
So a cut of 66%!
I was expecting something along the lines of a 50% div cut somewhere around Q3 this year.
"Starting this quarter, the Board has decided to reduce our quarterly dividend to 16 US cents per share."
So a cut of 66%!