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LONDON, Feb 4 (Reuters) - Royal Dutch Shell's 2020
profit dropped to its lowest in at least two decades as the
pandemic hit energy consumption but the company boosted its
dividend again in a sign of confidence.
Shell's annual adjusted earnings dropped to $4.8 billion,
down 71% from a year earlier.
Its fourth-quarter profit was down 87% from a year earlier
and below expectations, dragged down by continued weak energy
consumption due to the pandemic.
Shell said it expected to raise its first-quarter dividend
by 4% from the previous quarter.
(Reporting by Ron Bousso and Shadia Nasralla; Editing by David
Clarke)