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Income Boosters: good dividend news from income stalwarts

26/04/2020 · Shell (SHEL)  · Telecom Plus (TEP)  · The Renewables Infrastructure Group (TRIG) 

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Two of our Income Boosters have provided reassuring updates this week, demonstrating their ability to generate cash in difficult circumstances.

There has also been an interesting update from energy giant Royal Dutch Shell, providing a useful reminder of the long-term focus of this business.

Shell announces new climate targets

With oil trading at 20-year lows, Royal Dutch Shell (LON: RDSB) decided that now was a good time to announce tougher plans for reducing its carbon footprint. The oil and gas group is now basing its planning on the Paris Agreement goal of limiting the global temperature rise to 1.5°C, rather than 2°C.

Shell aims to achieve net zero emissions from the manufacture of its products by 2050. So-called scope three emissions…

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