RE: Divi amount ??21 Feb 2020 10:19
Yes good points pokerchips. I believe shell no longer issues scrips instead of cash if i recall correctly, so that kind of fixes that. I would prefer buyback money to be spent on innovation or technology to future proof earnings more effectively. These are challenging times for the oil and gas industry. I remember imperial brands buying back shares at well over 30 quid a time look at the share price now! Different business i know but highlights the dangers of declining fortunes.