Oil Stocks Unstable, Royal Dutch Shell Cuts Dividends for First Time Since World War II

Coinspeaker
Oil Stocks Unstable, Royal Dutch Shell Cuts Dividends for First Time Since World War II

In an unprecedented move, Shell has cut down the interim dividend for its shareholders by 66% from $0.47 last year to now at $0.16. The massive crash in oil demand due to COVID-19 has been responsible for this move as per the oil giant.

Oil Stocks Unstable, Royal Dutch Shell Cuts Dividends for First Time Since World War II

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Author: toutiao