Wednesday, 30 January 2013

Economy News Headlines - Yahoo! News: Shell jacks up dividend and chases growth

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
Shell jacks up dividend and chases growth
Jan 31st 2013, 07:25

A Shell logo is seen at a petrol station in AnkaraLONDON (Reuters) - Anglo-Dutch oil company Royal Dutch/Shell pledged an ambitious 4.7 percent increase in its quarterly dividend on Thursday and pushed ahead with plans to deliver more oil and gas despite an uncertain outlook for some parts of the world economy. The company was delivering fourth quarter and annual results that undershot expectations at $5.582 billion for the fourth quarter on an adjusted current cost of supply basis compared with expectations of around $6.2 billion. (Reporting by Andrew Callus)


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