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Mr Lockhead said the changed dividends policy was not at odds with increased investment.
The statement endorses a "carbon dividends" policy, which is a price on carbon dioxide emissions with all revenues returned to Americans in the form of equal rebates.
And while shareholders quizzed board members on what they saw as the peculiarities of Padico's dividends policy, discussions dealt as much with politics and national aspirations as with finances.
So its dividends policy is important for millions of us.
Similar(56)
What's the dividend policy?
New chief executive, new dividend policy.
Another test for Mr Xi, therefore, is dividend policy.
There is no danger Shell will change its dividend policy.
Boards can also adjust dividend policy to moderate capital risk.
The low-dividend policy serves the bosses in another way.
The EPS approach to strategy ignores dividend policy.
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