Taking Stock 

Killing sacred cows

Killing sacred cows

Royal Dutch Shell’s (RDSB) decision to cut its dividend for the first time since 1945 is, in one sense, a company story. With its primary market roiled by oversupply and negative prices, the supermajor’s move is a straightforward response to balance cash flows and protect its balance sheet.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now