Jefferies Financial Group

Shell PLC (NYSE:SHEL) is reportedly initiating the sale of a significant portion of its U.S. solar business, Savion. The decision is in line with the company’s broader strategy under CEO Wael Sawan. What Happened: Shell’s U.S. solar business, Savion, is selling off approximately a...

Editor's Note: Due to ZIM Integrated Shipping Services' first-quarter loss, no dividend was paid in the second quarter of 2023. The company maintains a dividend policy of distributing 30%-50% of annual net income to shareholders. This payment is made quarterly at a rate of 30...