5 07, 2024

Shell Anticipates $2B Tax Impairment in the Current Quarter: 3 Other Things to Know About This Stock

By |2024-07-05T16:12:34+00:00July 5th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shell Plc (SHEL) announced that it’s anticipating up to a $1.5 billion to $2 billion tax impairment for having to halt its Netherlands biofuels production facility. The divestment of its chemicals refinery in Singapore will play a part in the impairment as well. The Netherlands site could generate as much as 820K metric tons [...]

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15 06, 2023

Shell Increases Dividend With Steady Oil Output Through 2030: Should You Buy Now & Get a Piece?

By |2023-12-07T20:50:06+00:00June 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Much to the delight of shareholders, Shell (SHEL) announced today that dividends paid out will be increasing going forward. The company was already distributing 20%-30% of cash flow from operations but is boosting that figure up to 30%-40%. This will entail raising the dividend per share for the second quarter by at least 15%. [...]

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