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STOHF - Royal Dutch Shell - Thank Your Lucky Stars For A Dividend Cut
Equinor ASA
Royal Dutch Shell (NYSE: RDS.A) (NYSE: RDS.B) is one of the largest publicly traded oil companies, and the second oil major, behind Equinor (NYSE: EQNR) to cut its dividends. The company cut its dividend by more than 65%, saving itself almost $10 billion annually, and pushing its yield back down to less than 5% annually. As we’ll see throughout this article, the company’s prudent management decisions and assets make it a solid investment.
