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Shell plc Second Quarter 2023 Interim Dividen...
Shell plc Second Quarter 2023 Interim Dividen....
About this update from Shell Plc
[{"type":"text","content":"\n\n \n \n\n Shell plc Second Quarter 2023 Interim Dividend\n\nLondon, July 27, 2023 − The Board of Shell plc (the “Company”) today announced an interim dividend in respect of the second quarter of 2023 of US$ 0.331 per ordinary share. Details relating to the second quarter 2023 interim dividend Per ordinary share Q2 2023 Shell Shares (US$) 0.331 Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling. The pound sterling and euro equivalent dividend payments will be announced on September 4, 2023. Per ADS Q2 2023 Shell ADSs (US$) 0.662 Cash dividends on American Depositary Shares (“ADSs”) will be paid, by default, in US dollars. Each ADS represents two ordinary shares. ADSs are evidenced by an American Depositary Receipt (“ADR”) certificate. In many cases the terms ADR and ADS are used interchangeably. Dividend timetable for the second quarter 2023 interim dividend Event Date Announcement date July 27, 2023 Ex- Dividend Date for ADSs August 10, 2023 Ex- Dividend Date for ordinary shares August 10, 2023 Record date August 11, 2023 Closing of currency election date (see Note below) August 25, 2023 Pound sterling and euro equivalents announcement date September 4, 2023 Payment date September 18, 2023 Note A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. This may also apply to other shareholders who do not hold their shares either directly on the Register of Members or in the corporate sponsored nominee arrangement. Shareholders can contact their broker, financial intermediary, bank or financial institution for the election deadline that applies. Taxation - cash dividends If you are uncertain as to the tax treatment of any dividends you should consult your tax advisor. Dividend Reinvestment Programmes (“DRIP”) The following organisations operate Dividend Reinvestment P...