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Shell earnings fall on refineries impairments

Reuters - UK Focus

LONDON, April 30 (Reuters) - Royal Dutch Shell (Xetra: R6C1.DE - news) reported on Wednesday its first-quarter earnings almost halved from a year ago to $4.5 billion mainly due to a $2.9 billion charge reflecting impairments related to refineries in Asia and Europe.

The oil major also announced its first-quarter 2014 dividend at $0.47 per ordinary share and $0.94 per American Depositary Share (LSE: SHRE.L - news) , an increase of 4 percent year on year. (Reporting by Dimitry Zhdannikov; editing by Jason Neely)