Devaluation of Sterling on the Shell PLC dividend.

Yesterday, Friday 16th December, Royal Dutch Shell, paid it’s third quarter dividend.
The quarterly dividend in 2016, has remained stable at $0.47 a share.

In September the 2nd quarter dividend was the stable figure of $0.47 which equated at the UK Sterling exchange rate at the time of 35.27p per share.

Yesterday Shell paid out $0.47 per share, but the UK Sterling exchange rate was 37.16p per share.

What you can see is the real affect of the devaluation of Sterling.

Someone with 100 shares in September would have got: £35.27

That same person yesterday with the 100 shares would have got: £37.16

That is an increase of over 5% in 3 months for doing NOTHING

Leave a Reply

Your email address will not be published. Required fields are marked *