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Barchart
Barchart
Ian Cooper

A $3 Billion Reason to Buy Shell Stock Here (Plus It Has a Juicy 3.5% Dividend Yield)

With a yield of about 3.5%, Shell (SHEL) is once again proving that it’s one of the most rewarding income-generating stocks in the energy sector. Making that even clearer, the company just announced a $3 billion stock buyback program, which will be completed by July 24. The firm also recently declared a quarterly dividend of $0.7812 per ADS, which is payable on June 29 to shareholders of record as of May 22. This all comes as part of Shell’s commitment to return capital to shareholders.

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