Income Boosters portfolio: inflation-beating dividend increases
This week we report on a stunning 38% dividend hike for shareholders in oil giant Royal Dutch Shell. There's also good news from three other holdings in our Income Boosters portfolio, all of which have delivered inflation-beating dividend increases. Read on here to find out more about these big dividend payers.
Royal Dutch Shell: dividend up 38%!
Surging oil and gas prices have left Royal Dutch Shell (LON:RDSB) with more cash than it needs. Shareholders will be rewarded with a 38% dividend increase. The company has also launched a $2bn share buyback programme.
With oil now trading above $70 per barrel for the first time in two years, Shell's quarterly earnings rose by 71% to $5.5bn, from $3.2bn during the first quarter. Free cash flow was…
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