Shell (Symbol: RDSA) has caught my attention recently with the share price falling to a level not seen since late 2016. Since the oil crash in 2016, its share price has hardly made any significant upside with the price hardly hitting above 70USD in this period.
However, what caught my attention is the dividend yield of Shell? At the current price level of 47.28 (as of 24 Feb), we are talking about a dividend yield of 7.65%! For income investors, such dividend yield definitely warrant a closer look. I did a deeper search into Shell's dividend history and I got to say I'm pretty amazed by it.
Shell has never cut its dividend since World War 2. That's a really impressive record, isn't it? For most of us, this could have mean that Shell has never cut its dividend for as long as we live. Also, the compound annual growth rate (CAGR) of its dividend has been 4.4% over the past 20 years.
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