The Board of Royal Dutch Shell plc announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2019 interim dividend, which was announced at US$0.47 per A ordinary share and B ordinary share.
Dividends on A Shares will be paid, by default, in euro at the rate of €0.4234 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by November 29, 2019 will be entitled to a dividend of 35.73p per A Share.
Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 35.73p per B Share. Holders of B Shares who have validly submitted euro currency elections by November 29, 2019 will be entitled to a dividend of €0.4234 per B Share.
This dividend will be payable on December 18, 2019 to those members whose names were on the Register of Members on November 15, 2019.
Taxation – cash dividend
Cash dividends on A Shares will be subject to the deduction of Dutch dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Non-Dutch resident shareholders, depending on their particular circumstances, may be entitled to a full or partial refund of Dutch dividend withholding tax.
If you are uncertain as to the tax treatment of any dividends you should consult your tax advisor.