# Shell declares Q1 interim dividend of US$0.25 per ordinary share

- Link: https://www.directorstalkinterviews.com/shell-declares-q1-interim-dividend-of-us0.25-per-ordinary-share/4121063130
- Published: 2022-05-05T07:28:41+01:00
- Author: Amilia Stone

**[Shell plc](https://www.directorstalkinterviews.com/ftse-company/shell/shel.l)**(
[LON:SHEL](https://www.directorstalkinterviews.com/ftse-company/shell/shel.l)) has
announced an interim dividend in respect of the first quarter of 2022 of US$ 0.25
per ordinary share.

**Details relating to the first quarter 2022 interim dividend**

| **Per ordinary share** | **Q1 2022** | 
| Shell Shares (US$) | **0.25** |

Shareholders will be able to elect to receive their dividends in US dollars, euros
or pounds sterling.
Absent any valid election to the contrary, persons holding their
ordinary shares through Euroclear Nederland will receive their dividends in euros.

Absent any valid election to the contrary, shareholders (both holding in certificated
and uncertificated form (CREST members)) and persons holding their shares through
the Shell Corporate Nominee will receive their dividends in pounds sterling.

The pound sterling and euro equivalent dividend payments will be announced on June
13, 2022.

| **Per ADS** | **Q1 2022** | 
| Shell ADSs (US$) | **0.5** |

Cash dividends on American Depository Shares (“ADSs”) will be paid, by default, 
in US dollars.

Each ADS represents two ordinary shares. 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 first quarter 2022 interim dividend**

| **Event** | **Date** | 
| Announcement date | May 5, 2022 | 
| Ex- Dividend Date for ADSs | May 19, 2022 | 
| Ex- Dividend Date for ordinary shares | May 19, 2022 | 
| Record date | May 20, 2022 | 
| Closing of currency election date (see Note below) | June 7, 2022 | 
| Pound sterling and euro equivalents announcement date | June 13, 2022 | 
| Payment date | June 27, 2022 |

**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**

With the Company’s tax residence moved to the UK, dividends paid to shareholders
on their ordinary shares will not attract Dutch dividend withholding tax. This means
that former holders of A shares receive their dividends in full as Dutch dividend
withholding tax is no longer withheld on these dividends. Former holders of B shares
receive their dividends directly from the Company as these dividends will no longer
be paid through the Dividend Access Mechanism.

If you are uncertain as to the tax treatment of any dividends you should consult
your tax advisor.

**Dividend Reinvestment Programmes **

The following organisations operate Dividend Reinvestment Plans which enable Shell’s
shareholders to elect to have their dividend payments used to purchase Shell shares:

 * Equiniti Financial Services Limited, for those holding shares (a) directly on
   the register as certificate holder or as CREST Member and (b) via the Shell Corporate
   Nominee;
 * ABN-AMRO NV for Financial Intermediaries holding shares via Euroclear Nederland;
 * JPMorgan Chase Bank, N.A. for holders of ADSs; and
 * Other DRIPs may also be available from the intermediary through which investors
   hold their shares and ADSs.

Such organisations provide their DRIPs fully on their account and not on behalf 
of Shell plc. Interested parties should contact DRIP Offerors directly.

More information can be found at https://www.shell.com/drip

To be eligible to participate in the DRIPs for the next dividend, shareholders must
make a valid dividend reinvestment election before the published date for the close
of elections. 

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