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Shell caps off tough 2020 with higher payout

The oil and gas giant recorded a historic loss as sales tumbled and write-offs hit the balance sheet
Shell caps off tough 2020 with higher payout
  • December earnings fell short of analyst expectations despite higher oil price
  • Shell increased its quarterly payout despite the Q4 and 2020 losses

In what could be the last annual results from Royal Dutch Shell (RDSB) as shareholders know it, the oil and gas giant raised its dividend even as Covid-19 recovery prospects remain uncertain. The company will announce how it will execute its plan to reach net zero on 11 February.

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