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Reported quarterly production was 4% higher than last year, at 4 million barrels a day, mostly helped by gas; the company said it had achieved its target of $2 billion in cost cuts by mid-2009; and it also maintained its dividend at 14 cents per share.
However, the company maintained its dividend of 4.5p, while it reported that net debt had edged up to £206.7m.
Pub group Marstons, which went against the trend set by rivals and maintained its dividend last week, today announced it had extended its bank facilities until 2013.
De La Rue has maintained its dividend through previous turbulent periods, but it has cut the first-half payout to 8.3p a share from 14.1p.
In a conference call with investors last month, for example, Laurence Fink, the chairman of BlackRock, the asset management firm, said with some pride that his company had maintained its dividend through tough years, including in 2008, and would keep doing so.
But there's a kicker: The company maintained its dividend, now offering a hefty 6.3% yield.
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The bank said it would maintain its dividend but would not buy back shares.
Its stock fell another 4.9percentt yesterday despite assurances from company officials that it would maintain its dividend.
The real test is where Shell stands in two years time and whether it can maintain its dividend.
The deal pleases financial analysts, who believe it should help the company increase earnings and maintain its dividend.
Second, we have assumed that it would generate sufficient free cashflow to be able to maintain its dividend.
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CEO of Professional Science Editing for Scientists @ prosciediting.com