THE HAGUE, Netherlands, February 1, 2018 /PRNewswire/ —
The Board of Royal Dutch Shell plc (“RDS” or the “Company”) (NYSE: RDS.A) (NYSE: RDS.B) today announced an interim dividend in respect of the fourth quarter of 2017 of US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”), equal to the US dollar dividend for the same quarter last year.
On November 28, 2017, RDS announced the cancellation of its Scrip Dividend Programme with effect from the fourth quarter 2017 interim dividend. The cancellation means the fourth quarter 2017 interim dividend and future dividends will be settled entirely in cash, rather than the Company offering a share-based alternative. For further details please refer to http://www.shell.com/scrip.
The Board expects that the first quarter 2018 interim dividend will be US$0.47, equal to the US dollar dividend for the same quarter in the previous year. The first quarter 2018 interim dividend is scheduled to be announced on April 26, 2018.
Details relating to the fourth quarter 2017 interim dividend
It is expected that cash dividends on the B Shares will be paid via the Dividend Access Mechanism from UK-sourced income of the Shell group.
Per ordinary share Q4 2017
RDS A Shares (US$) 0.47
RDS B Shares (US$) 0.47
Cash dividends on A Shares will be paid, by default, in euro, although holders of A Shares will be able to elect to receive dividends in pounds sterling.
Cash dividends on B Shares will be paid, by default, in pounds sterling, although holders of B Shares will be able to elect to receive dividends in euro.
The pounds sterling and euro equivalent dividend payments will be announced on March 9, 2018.
Per ADS Q4 2017
RDS A ADSs (US$) 0.94
RDS B ADSs (US$) 0.94
Cash dividends on American Depository Shares (“ADSs”) will be paid, by default, in US dollars.
ADS stands for an American Depositary Share. ADR stands for an American Depositary Receipt. An ADR is a certificate that evidences ADSs. ADSs are listed on the NYSE under the symbols RDS.A and RDS.B. Each ADS represents two ordinary shares, two A Shares in the case of RDS.A or two B Shares in the case of RDS.B. In many cases the terms ADR and ADS are used interchangeably.
Dividend timetable for the fourth quarter 2017 interim dividend