‘It’s amputation’: Shell cut its dividend for the first time since World War II, the latest sign of the brutal crisis decimating the oil industry
REUTERS/Sergio Moraes Shell reduced its first quarter dividend by 67% from $0.47 to $0.16. It marks the first time since World War II that the Dutch oil giant has cut its dividend, the latest sign of the brutal reality of the oil market crisis. The dividend cut is "more evidence…
bubmagApril 30, 2020