By Etuka Sunday with agency report.
The Board of Royal Dutch Shell Plc on Thursday announced an interim dividend in respect of the fourth quarter of 2014 of US$0.47 per A ordinary share and B ordinary share, an increase of US$0.02 on the equivalent US dollar dividend for the same quarter last year.
The Board expects that the first quarter 2015 interim dividend will be US$0.47, equal to the US dollar dividend for the same quarter in the previous year. The first quarter 2015 interim dividend is scheduled to be announced on April 30, 2015.
Details relating to the fourth quarter 2014 interim dividend
It is expected that cash dividends on the B Shares will be paid via the Dividend Access Mechanism from UK-sourced income of the Shell Group.
Cash dividends on A Shares will be paid, by default, in euro, although holders of A Shares will be able to elect to receive dividends in pounds sterling.
Cash dividends on B Shares will be paid, by default, in pounds sterling, although holders of B Shares will be able to elect to receive dividends in Euro.