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Royal Dutch Shell plc third quarter 2021 interim dividend

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The Hague, October 28, 2021 – Royal Dutch Shell plc announced an interim dividend of US$ 0.24 per A and B ordinary share for Q3 2021. Key dates include the ex-dividend date for ADSs on November 10, 2021, and payment date on December 20, 2021. Cash dividends on A Shares will be in euros, while B Shares will be in pounds sterling. Holders can elect their preferred currency. Dividend equivalents will be announced on December 6, 2021. Shareholders can participate in Dividend Reinvestment Plans through designated organizations.

Positive
  • Interim dividend of US$ 0.24 per share, indicating confidence in financial health.
  • Dividend payments available in multiple currencies enhance shareholder flexibility.
Negative
  • None.

The Hague, October 28, 2021 − The Board of Royal Dutch Shell plc (“RDS” or the “Company”) today announced an interim dividend in respect of the third quarter of 2021 of US$ 0.24 per A ordinary share (“A Share”) and B ordinary share (“B Share”).

Details relating to the third quarter 2021 interim dividend

Per ordinary share Q3 2021
RDS A Shares (US$) 0.24
RDS B Shares (US$) 0.24

It is expected that cash dividends on the B Shares will be paid via the Dividend Access Mechanism and will have a UK source for UK and Dutch tax purposes.

Cash dividends on A Shares will be paid, by default, in euros, although holders of A Shares will be able to elect to receive dividends in US dollars or pounds sterling.
Cash dividends on B Shares will be paid, by default, in pounds sterling, although holders of B Shares will be able to elect to receive dividends in US dollars or euros.
The pound sterling and euro equivalent dividend payments will be announced on December 6, 2021.

Per ADS Q3 2021
RDS A ADSs (US$) 0.48
RDS B ADSs (US$) 0.48

Cash dividends on American Depository Shares (“ADSs”) will be paid, by default, in US dollars.
RDS A and B ADSs are listed on the New York Stock Exchange under the symbols RDS.A and RDS.B, respectively. Each ADS represents two ordinary shares, two A Shares in the case of RDS.A or two B Shares in the case of RDS.B. ADSs are evidenced by an American Depositary Receipt (ADR) certificate. In many cases the terms ADR and ADS are used interchangeably.

Dividend timetable for the third quarter 2021 interim dividend

Event Date
Announcement date October 28, 2021
Ex- Dividend Date for ADS.A and ADS.B November 10, 2021
Ex- Dividend Date for RDS A and RDS B November 11, 2021
Record date November 12, 2021
Closing of currency election date (see Note below) November 26, 2021
Pound sterling and euro equivalents announcement date December 6, 2021
Payment date December 20, 2021

Note

A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. This may also apply to other shareholders who do not hold their shares either directly on the Register of Members or in the corporate sponsored nominee arrangement. Shareholders can contact their broker, financial intermediary, bank or financial institution for the election deadline that applies.

Taxation - cash dividends

Cash dividends on A Shares will be subject to the deduction of Dutch dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Non-Dutch resident shareholders, depending on their particular circumstances, may be entitled to a full or partial refund of Dutch dividend withholding tax.
If you are uncertain as to the tax treatment of any dividends you should consult your tax advisor.

Dividend Reinvestment Programmes (“DRIP”)

The following organisations operate Dividend Reinvestment Plans (“DRIPs”) which enable RDS shareholders to elect to have their dividend payments used to purchase RDS shares of the same class as those already held by them:

  • Equiniti Financial Services Limited (“EFSL”), for those holding shares (a) directly on the register as certificate holder or as CREST Member and (b) via the Nominee Service;
  • ABN-AMRO NV (“ABN”) for Financial Intermediaries holding A shares or B shares via Euroclear Nederland;
  • JPMorgan Chase Bank, N.A. (“JPM”) for holders of A and B American Depository Shares;

and

  • Other DRIPs may also be available from the intermediary through which investors hold their shares.

Such organisations provide their DRIPs fully on their account and not on behalf of Royal Dutch Shell plc. Interested parties should contact DRIP Offerors directly.
More information can be found at https://www.shell.com/drip
To be eligible for the next dividend, shareholders must make a valid dividend reinvestment election before the published date for the close of elections. 

Enquiries

Media International: +44 207 934 5550
Media Americas: +1 832 337 4355


 

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. “Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-looking statements

This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “goals”, “intend”, “may”, “milestones”, “objectives”, “outlook”, “plan”, “probably”, “project”, “risks”, “schedule”, “seek”, “should”, “target”, “will” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell plc’s Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investors and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, October 28 , 2021. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement. The content of websites referred to in this announcement do not form part of this announcement. We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70

Classification: Additional regulated information required to be disclosed under the laws of a Member State


 


FAQ

What is the dividend amount for RDS.A and RDS.B in Q3 2021?

The dividend amount for both RDS.A and RDS.B for Q3 2021 is US$ 0.24 per share.

When is the payment date for the Q3 2021 dividend for RDS.A and RDS.B?

The payment date for the Q3 2021 dividend is December 20, 2021.

What are the ex-dividend dates for RDS.A and RDS.B?

The ex-dividend date for ADSs is November 10, 2021, and for RDS A and B shares is November 11, 2021.

How can I reinvest my dividends from RDS.A and RDS.B?

Shareholders can use Dividend Reinvestment Plans (DRIPs) offered by designated organizations to reinvest their dividends.

What currency will the RDS.A and RDS.B dividends be paid in?

Dividends on A Shares will be paid in euros, and B Shares will be in pounds sterling by default.

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Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
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Netherlands
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