Shell raises dividend to shareholders as profit falls amid lower oil prices

2025-01-30 639

Shell has hiked its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker oil prices and lower demand for the fossil fuel. The London-listed company raised its dividend by 4% while posting earnings of 23.7 billion dollars (£19.1 billion) for the calendar year, down from 28.3 billion dollars (£22.8 billion) in 2023. #Shell