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Shell cuts dividend for first time in decades

"Surprise" reduction for London's biggest dividend payer as oil stays below $30/bbl
Shell cuts dividend for first time in decades

It’s taken a pandemic, but Royal Dutch Shell (RDSB) has finally cut its dividend. The two-thirds reduction in the payout will take it down to 16c (12.8p), and is the first drop since World War II. 

IC TIP: Hold at 1,392p

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