Thursday, April 30, 2020

Shell cuts dividend for first time since Second World War

RUSSIA SHELL OIL barrel

Royal Dutch Shell cut its dividend for the first time since the Second World War on Thursday, in a drastic step to preserve cash as it prepares for a protracted slump in demand for oil because of the coronavirus pandemic.



source https://www.cbc.ca/news/business/shell-dividend-profit-1.5550695?cmp=rss

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