Shell (NYSE: RDS.A) reported on Thursday a surge in adjusted earnings for the first quarter and lifted its dividend by 4 percent as higher oil and gas prices and demand drove profits higher. Shell reported adjusted earnings of $3.23 billion for the first quarter of 2021, a surge from the $393 million earnings for the fourth quarter of 2020, and a rise from the Q1 2020 earnings of $2.
86 billion. The expected and previously announced dividend increase is the second small dividend hike at Shell, which this time last year had slashed its dividend for…Shell Raises Dividend As Q1 Earnings Jump On Higher Oil Prices
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