Shell plc (LON:SHEL) to Issue Dividend of $0.34

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

Shell Trading Up 0.9 %

Shares of Shell stock opened at GBX 2,601 ($33.73) on Friday. The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 40.32. The company has a fifty day simple moving average of GBX 2,566.16 and a 200-day simple moving average of GBX 2,724.14. The stock has a market cap of £160.74 billion, a price-to-earnings ratio of 1,210.93, a PEG ratio of 2.50 and a beta of 0.51. Shell has a 12-month low of GBX 2,345 ($30.41) and a 12-month high of GBX 2,961 ($38.40).

Analyst Ratings Changes

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

Shell Company Profile

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.