- Nov 2015
- 278
- 179
- Alpine, NJ
Despite the steady decline in oil prices, the "oil majors" have continued to maintain dividends.
Based on Friday's closing price, Shell payed out 6% per share to investors. Owning 1,000 shares would have made $1,410 in dividends this year.
Earnings shrank this year, and many companies have ditched exploration and drilling projects. Some companies also launched divestment programs. Analysts say the dividends will keep some investors for a while, but ultimately oil majors will need find solutions to increase the bottom line.
Oil Majors? Dividends Survive Plunge in Oil Prices - WSJ
Based on Friday's closing price, Shell payed out 6% per share to investors. Owning 1,000 shares would have made $1,410 in dividends this year.
Earnings shrank this year, and many companies have ditched exploration and drilling projects. Some companies also launched divestment programs. Analysts say the dividends will keep some investors for a while, but ultimately oil majors will need find solutions to increase the bottom line.
Oil Majors? Dividends Survive Plunge in Oil Prices - WSJ