Royal Dutch Shell PLC (NYSE:rds.a) declared a quarterly dividend on Thursday, February 2nd. Investors of record on Friday, February 17th will be paid a dividend of 0.799 per share on Monday, March 27th. This represents a $3.20 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Wednesday, February 15th.
A number of research firms have issued reports on RDS.A. Scotiabank reiterated a “hold” rating and issued a $56.00 price objective on shares of Royal Dutch Shell PLC in a report on Monday, February 6th. Societe Generale downgraded Royal Dutch Shell PLC from a “buy” rating to a “hold” rating in a report on Monday, January 30th. Zacks Investment Research upgraded Royal Dutch Shell PLC from a “sell” rating to a “hold” rating in a report on Wednesday, January 18th. Morgan Stanley reiterated a “buy” rating on shares of Royal Dutch Shell PLC in a report on Wednesday, January 18th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $67.50 price objective on shares of Royal Dutch Shell PLC in a report on Wednesday, January 18th. One analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $60.71.
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About Royal Dutch Shell PLC
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream and Downstream and Corporate.
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