MARKETS

Shell ups dividend

AFTER its historic dividend cut last year Shell has raised its distributions for the second time in the first quarter of 2021 upping the dividend by 4% while adjusted earnings were slightly above analyst consensus at US$3.2 billion over $3.1 billion.

Helen Clark

Dividends for the quarter are 17.35c. In the middle of last year it halted payments for the first time since World War 2. Last quarter it reported earnings of just $393 million and a year ago $2.9...

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