Shell plc (SHEL) to Issue Dividend of $0.34 on December 19th

Shell plc (LON:SHEL) declared a dividend on Thursday, October 31st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be given a dividend of $0.34 per share on Thursday, December 19th. This represents a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be accessed at this link.

Shell Trading Up 0.0 %

Shares of LON:SHEL opened at GBX 2,579 ($33.45) on Friday. Shell has a 52-week low of GBX 2,345 ($30.41) and a 52-week high of GBX 2,961 ($38.40). The company has a market cap of £159.38 billion, a P/E ratio of 1,199.53, a P/E/G ratio of 2.50 and a beta of 0.51. The stock’s 50-day moving average is GBX 2,563.34 and its 200-day moving average is GBX 2,723.14. The company has a debt-to-equity ratio of 40.32, a quick ratio of 0.87 and a current ratio of 1.41.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SHEL shares. Bank of America reiterated a “buy” rating and issued a GBX 3,400 ($44.09) target price on shares of Shell in a research note on Wednesday, September 4th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 3,400 ($44.09) target price on shares of Shell in a report on Tuesday, July 9th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Shell in a report on Tuesday, September 24th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 3,400 ($44.09).

About Shell

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.