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DewDiligence

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DewDiligence

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Re: DewDiligence post# 28189

Thursday, 02/01/2024 2:19:23 PM

Thursday, February 01, 2024 2:19:23 PM

Post# of 29435
SHEL boosts dividend again—authorizes $3.5B buyback in_next_3mo:

https://finance.yahoo.com/news/shell-announces-commencement-share-buyback-070300226.html

https://finance.yahoo.com/news/shell-plc-fourth-quarter-2023-070200406.html

This is SHEL’s second dividend boost in the past 12 months. The new annualized payout is $2.752/ADS (up from the prior annualized rate of $2.648 in effect during 2H23). At the current share price (~$64), the new annualized payout is a yield of 4.1%.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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