Royal Dutch Shell Shares

Daddy Ireland

HI, can I purchase these shares in Euro I.e purchase the euro cost through Degiro and receive dividends in euros. I thought the only way was sterling but was hoping to avoid direct currency exposure. Thanks.

Francie Barrett

Daddy Ireland wrote: »

HI, can I purchase these shares in Euro I.e purchase the euro cost through Degiro and receive dividends in euros. I thought the only way was sterling but was hoping to avoid direct currency exposure. Thanks.

Yes, if your broker allows you to purchase shares on the Dutch stock exchange, then you can purchase your shares there and receive dividends in Euro.

Daddy Ireland

Thanks. I understand there is a 15% witholding tax applied in Netherlands from dividends. No deduction from purchasing the shares on UK. I suppose one is opening up to currency risk though ifor purchasing in sterling.

Amouar

What's the difference between purchasing Shell stock (RDS.B) in the UK/NL vs the US?

Will you get a 15% dividend tax by the US?

Shauny2010

RDS.B shares are exempt from the 15% withholding tax applied by the dutch Government on its citizens. (This is what I was told by a broker many years ago when I bought some of these, I presume it still applies)

Amouar

If I buy RDS.B listed in US exchange, I won't get hit by the 15% dutch tax, however I will still be liable for US 15% dividend tax. Is that correct?

Daddy Ireland

I think I can purchase Shell B shares in euros on the Dutch exchange through Degiro in Ireland. I also think the dividend is paid on these B shares with no withholding tax on same