Is Shell plc (SHEL) a Good Option for Dividend Income?

Core Viewpoint - Shell plc (NYSE:SHEL) is recognized as one of the top dividend stocks in the natural gas and oil sector, highlighting its strong cash generation and commitment to shareholder returns [1][2]. Financial Performance - Shell announced a $3.5 billion share buyback program in August, marking the 15th consecutive quarter with buybacks of $3 billion or more [2]. - The company declared an interim dividend of $0.358 per share in July [2]. - As of the end of Q2 2025, Shell's rolling shareholder distributions were 46% of its Cash Flow from Operations (CFFO), aligning with its target range of 40% to 50% [2]. Cost Management and Efficiency - To maintain high cash flows and payouts in a low-price environment, Shell is focused on reducing costs and improving efficiency [3]. - The company has achieved $3.9 billion in structural cost reductions since 2022, aiming for a target of $5 billion to $7 billion by the end of 2028 [3]. Company Overview - Shell plc operates as a global group of energy and petrochemical companies, employing 96,000 people across more than 70 countries [3].