The Board of Royal Dutch Shell plc (“RDS”) announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2018 interim dividend, which was announced on January 31, 2019 at US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”).
Dividends on A Shares will be paid, by default, in euro at the rate of €0.4181 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by March 1, 2019 will be entitled to a dividend of 35.94p per A Share.
Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 35.94p per B Share. Holders of B Shares who have validly submitted euro currency elections by March 1, 2019 will be entitled to a dividend of €0.4181 per B Share.
This dividend will be payable on March 25, 2019 to those members whose names were on the Register of Members on February 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 own tax advisor.