Shell plc First Quarter 2022 Interim Dividend – Benzinga – Press Release

London, May 5, 2022 − The Board of Shell plc (“Shell” or the “Company”) today 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

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…