'It's amputation': Shell cut its dividend for the first time since World War II, the latest sign of the brutal crisis decimating the oil industry

'It's amputation': Shell cut its dividend for the first time since World War II, the latest sign of the brutal crisis decimating the oil industry

Business Insider

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· Shell reduced its first quarter dividend by 67% from $0.47 to $0.16.
· It marks the first time since World War II that the Dutch oil giant has cut its dividend, the latest sign of the brutal reality of the oil market crisis.
· The dividend cut is "more evidence of the appalling damage the pandemic is doing to the world...

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