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Tempus: Dividend tap is not about to run dry at Shell

The Times

Oil and gas companies aren’t everybody’s cup of tea. A large chunk of the population thinks the likes of Shell are profiting unfairly from people struggling to heat their homes and are ruining the planet. Some investors have taken a stand. Others want a piece of the action.

Investing is primarily about making money and Shell, one of the best performers in the FTSE 100 over the past three years, is known to be very generous about sharing its spoils. In the first half of 2023, the company distributed $11.9 billion to its shareholders through dividends and share buybacks. Big payouts are expected to continue. Each year, Shell aims to return 30 per cent to 40 per cent of the cash it generates and

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