REG-Royal Dutch Shell: Q2 2008 Interim Dividend Announcement
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SECOND QUARTER 2008 INTERIM DIVIDEND
The Board of Royal Dutch Shell plc ("RDS") today announced an interim dividend
in respect of the second quarter of 2008 of US$0.40 per A and B ordinary share,
an increase of 11% over the US dollar dividend for the same quarter last year.
Dividends declared on A ordinary shares ("A shares") will be paid by default in
euro, although holders of A shares will be able to elect to receive dividend in
pounds sterling. Dividends declared on B ordinary shares ("B shares") will be
paid by default in pounds sterling, although holders of B shares will be able
to elect to receive dividend in euro. Dividends declared on American Depository
Receipts ("ADRs") will be paid in US dollars.
Details relating to the second quarter 2008 interim dividend
This dividend will be payable on September 10, 2008 to those members whose
names are on the Register of Members on August 8, 2008. The shares become
ex-dividend on August 6, 2008.
It is expected that the dividends on the B shares will be paid via the Dividend
Access Mechanism from UK-sourced income of the Royal Dutch Shell Group.
Per ordinary share Q2 2008
Royal Dutch Shell A Shares 0.40
(US$)
Royal Dutch Shell B Shares 0.40
(US$)
Per ADR Q2 2008
Royal Dutch Shell A ADRs 0.80
(US$)
Royal Dutch Shell B ADRs 0.80
(US$)
Dividends on A shares will be paid, by default, in euro at the rate of EUR 0.2571
per A share. Holders of A shares who have validly submitted pounds sterling
currency elections by July 30, 2008 will be entitled to a dividend of 20.21p
per A share.
Dividends on B shares will be paid, by default, in pounds sterling at the rate
of 20.21p per B share. Holders of B shares who have validly submitted euro
currency elections by July 30, 2008 will be entitled to a dividend of EUR 0.2571
per B share.
Holders of A or B shares in ADR form will be entitled to a dividend of US$0.80
per ADR.
Taxation
Dividends on A shares will be subject to the deduction of Netherlands dividend
withholding tax at the rate of 15%, which may be reduced in certain
circumstances.
Shareholders resident in the United Kingdom, receiving dividends on B shares
through the Dividend Access Mechanism, are entitled to a tax credit. This tax
credit is not repayable. Non-residents may also be entitled to a tax credit, if
double tax arrangements between the United Kingdom and their country of
residence so provide, or if they are eligible for relief given to non-residents
with certain special connections with the United Kingdom or to nationals of
states in the European Economic Area.
The amount of tax credit is 10/90ths of the cash dividend, the tax credit
referable to the second quarter 2008 interim dividend of US$0.40 (20.21p or EUR
0.2571) is US$0.04 (2.25p or EUR 0.0286) per ordinary share and the dividend and
tax credit together amount to US$0.44 (22.46p or EUR 0.2857).
Dividend reinvestment plan
ABN AMRO Bank NV and Equiniti (formerly known as Lloyds TSB Registrars) each
have established a dividend reinvestment facility which enables shareholders to
elect to have their dividend payments used to purchase RDS shares of the same
class as those already held by them. The dividend reinvestment plans (the
"DRIPs") are provided by ABN AMRO Bank NV in respect of shares held through
Euroclear Nederland and by Equiniti in respect of all other shares (but not
ADRs). DRIPs for the ADRs (both Class A ADRs and Class B ADRs) traded on the
NYSE are available through The Bank of New York Mellon.
Enquiries about the DRIPs, including how to elect to participate and
information about the reinvestment mechanisms under the respective plans
should, in the case of shareholders holding through Euroclear Nederland, be
directed to their bank or broker and in the case of all other shareholders
(other than holders of ADRs) to Equiniti. Enquiries relating to the DRIPs for
ADRs (both Class A ADRs and Class B ADRs) should be made to The Bank of New
York Mellon.
July 31, 2008
END
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