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CVX - Key Messages From Shell's Shell-Shocking Conference Call
Chevron Corporation
Shell-shocked by the first dividend cut since World War 2, investors in Royal Dutch Shell (RDS.B)(RDS.A) have been selling off, causing the stock to tank over 10%. It came as a total surprise to most investors and puts a big hole into the pockets of many loyal dividend investors. The dividend was the primary reason for me to invest in the company as not only did it appear safe from a financial perspective but also enjoyed strong commitment by management.