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Royal Dutch Shell Plc Q2 2013 Quarterly Dividend Announcement

        Royal Dutch Shell Plc Q2 2013 Quarterly Dividend Announcement

Royal Dutch Shell Plc Second Quarter 2013 Interim Dividend

PR Newswire

THE HAGUE, The Netherlands, August 1, 2013

THE HAGUE, The Netherlands, August 1, 2013 /PRNewswire/ --



The Board of Royal Dutch Shell plc ("RDS") (NYSE: RDS.A) (NYSE: RDS.B)today
announced an interim dividend in respect of the second quarter of 2013 of
US$0.45 per A ordinary share ("A Share") and B ordinary share ("B Share"), an
increase of US$ 0.02 on the equivalent US dollar dividend for the same quarter
last year.

RDS provides eligible shareholders with a choice to receive dividends in cash
or in shares via a Scrip Dividend Programme ("the Programme"). For further
details please see below.

Details relating to the second quarter 2013 interim dividend

It is expected that cash dividends on the B Shares will be paid via the
Dividend Access Mechanism from UK-sourced income of the Shell Group.

    Per ordinary share Q2 2013

    RDS A Shares (US$)    0.45
    RDS B Shares (US$)    0.45

Cash dividends on A Shares will be paid, by default, in euro, although holders
of A Shares will be able to elect to receive dividends in pounds sterling.

Cash dividends on B Shares will be paid, by default, in pounds sterling,
although holders of B Shares will be able to elect to receive dividends in
euro.

The pounds sterling and euro equivalent dividend payments will be announced on
September 9, 2013.

    Per ADS             Q2 2013
    RDS A ADSs (US$)      0.90
    RDS B ADSs (US$)      0.90

Cash dividends on American Depository Shares ("ADSs") will be paid, by
default, in US dollars.

ADS stands for an American Depositary Share. ADR stands for an American
Depositary Receipt. An ADR is a certificate that evidences ADSs. ADSs are
listed on the NYSE under the symbols RDS.A and RDS.B. Each ADS represents two
ordinary shares, two A Shares in the case of RDS.A or two B Shares in the case
of RDS.B. In many cases the terms ADR and ADS are used interchangeably.

Scrip Dividend Programme

RDS provides shareholders with a choice to receive dividends in cash or in
shares via a Scrip Dividend Programme.

Under the Programme shareholders can increase their shareholding in RDS by
choosing to receive new shares instead of cash dividends if declared by RDS.
Only new A Shares will be issued under the Programme, including to
shareholders who currently hold B Shares.

Joining the Programme may offer a tax advantage in some countries compared
with receiving cash dividends. In particular, dividends paid out as shares
will not be subject to Dutch dividend withholding tax (currently 15 per cent)
and will not generally be taxed on receipt by a UK shareholder or a Dutch
corporate shareholder.

Shareholders who elect to join the Programme will increase the number of
shares held in RDS without having to buy existing shares in the market,
thereby avoiding associated dealing costs.

Shareholders who do not join the Programme will continue to receive in cash
any dividends declared by RDS.

Shareholders who held only B Shares and joined the Scrip Dividend Programme
are reminded they will need to make a Scrip Dividend Election in respect of
their new A Shares if they wish to join the Programme in respect of such new
shares. However, this is only necessary if the shareholder has not previously
made a Scrip Dividend Election in respect of any new A Shares issued.

For further information on the Programme, including how to join if you are
eligible, please refer to the appropriate publication available on
http://www.shell.com/scrip.

Dividend timetable for the second quarter 2013 interim dividend

   
    Announcement date                                              August 1, 2013
    Ex-dividend date                                               August 14, 2013
    Record date                                                    August 16, 2013
    Scrip reference share price announcement date                  August 21, 2013
    Closing of scrip election and currency election    *           September 2, 2013
    Pounds sterling and euro equivalents announcement date         September 9, 2013
    Payment date                                                   September 26, 2013


*A different scrip election date may apply to registered and non registered
ADS holders.

Registered ADS holders can contact The Bank of New York Mellon for the
election deadline that applies. Non registered ADS holders can contact their
broker, financial intermediary, bank or financial institution for the election
deadline that applies.

Both a different scrip and currency election date may apply to shareholders
holding shares in a securities account with a bank or financial institution
ultimately holding through Euroclear Nederland. Please contact your broker,
financial intermediary, bank or financial institution where you hold your
securities account for the election deadline that applies.

Taxation cash dividends

Cash dividends on A Shares will be subject to the deduction of Netherlands
dividend withholding tax at the rate of 15%, which may be reduced in certain
circumstances. Provided certain conditions are met, shareholders in receipt of
A Share cash dividends may also be entitled to a non-payable dividend tax
credit in the United Kingdom.

Shareholders resident in the United Kingdom, receiving cash dividends on B
Shares through the Dividend Access Mechanism, are entitled to a tax credit.
This tax credit is not repayable. Non-residents may also be entitled to a tax
credit, if double tax arrangements between the United Kingdom and their
country of residence so provide, or if they are eligible for relief given to
non-residents with certain special connections with the United Kingdom or to
nationals of states in the European Economic Area.

The amount of tax credit is 10/90ths of the cash dividend, the tax credit
referable to the second quarter 2013 interim dividend of US$0.45 is US$0.05
per ordinary share and the dividend and tax credit together amount to US$0.50.
The pounds sterling and euro equivalents will be announced on September 9,
2013.

CAUTIONARY NOTE:

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this release "Shell", "Shell group" and
"Royal Dutch Shell" are sometimes used for convenience where references are
made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the
words "we", "us" and "our" are also used to refer to subsidiaries in general
or to those who work for them. These expressions are also used where no useful
purpose is served by identifying the particular company or companies.
'‘Subsidiaries'’, "Shell subsidiaries" and "Shell companies" as used in this
release refer to companies in which Royal Dutch Shell either directly or
indirectly has control, by having either a majority of the voting rights or
the right to exercise a controlling influence. The companies in which Shell
has significant influence but not control are referred to as "associated
companies" or "associates" and companies in which Shell has joint control are
referred to as "jointly controlled entities". In this release, associates and
jointly controlled entities are also referred to as "equity-accounted
investments". The term "Shell interest" is used for convenience to indicate
the direct and/or indirect (for example, through our 23% shareholding in
Woodside Petroleum Ltd.) ownership interest held by Shell in a venture,
partnership or company, after exclusion of all third-party interest.

This release contains forward-looking statements concerning the financial
condition, results of operations and businesses of Royal Dutch Shell. All
statements other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements are statements of
future expectations that are based on management's current expectations and
assumptions and involve known and unknown risks and uncertainties that could
cause actual results, performance or events to differ materially from those
expressed or implied in these statements. Forward-looking statements include,
among other things, statements concerning the potential exposure of Royal
Dutch Shell to market risks and statements expressing management's
expectations, beliefs, estimates, forecasts, projections and assumptions.
These forward-looking statements are identified by their use of terms and
phrases such as "anticipate", "believe", "could", "estimate", "expect",
"intend", "may", "plan", "objectives", "outlook", "probably", "project",
"will", "seek", "target", "risks", "goals", "should" and similar terms and
phrases. There are a number of factors that could affect the future operations
of Royal Dutch Shell and could cause those results to differ materially from
those expressed in the forward-looking statements included in this release,
including (without limitation): (a) price fluctuations in crude oil and
natural gas; (b) changes in demand for Shell's products; (c) currency
fluctuations; (d) drilling and production results; (e) reserves estimates; (f)
loss of market share and industry competition; (g) environmental and physical
risks; (h) risks associated with the identification of suitable potential
acquisition properties and targets, and successful negotiation and completion
of such transactions; (i) the risk of doing business in developing countries
and countries subject to international sanctions; (j) legislative, fiscal and
regulatory developments including potential litigation and regulatory measures
as a result of climate changes; (k) economic and financial market conditions
in various countries and regions; (l) political risks, including the risks of
expropriation and renegotiation of the terms of contracts with governmental
entities, delays or advancements in the approval of projects and delays in the
reimbursement for shared costs; and (m) changes in trading conditions. All
forward-looking statements contained in this release are expressly qualified
in their entirety by the cautionary statements contained or referred to in
this section. Readers should not place undue reliance on forward-looking
statements. Additional factors that may affect future results are contained in
Royal Dutch Shell's 20-F for the year ended December 31, 2012 (available at
http://www.shell.com/investor and http://www.sec.gov ). These factors also
should be considered by the reader. Each forward-looking statement speaks
only as of the date of this release, August 1, 2013. Neither Royal Dutch Shell
nor any of its subsidiaries undertake any obligation to publicly update or
revise any forward-looking statement as a result of new information, future
events or other information. In light of these risks, results could differ
materially from those stated, implied or inferred from the forward-looking
statements contained in this release. There can be no assurance that dividend
payments will match or exceed those set out in this release in the future, or
that they will be made at all.

Royal Dutch Shell plc

Contacts:

Investor Relations: International+31(0)70-377-4540;USA+1-713-241-1042

Media: International +44(0)207-934-5550;USA+1-713-241-4544

SOURCE Royal Dutch Shell plc
 
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