LONDON—Royal Dutch Shell PLC raised its dividend on Thursday and said it planned to increase shareholder payouts, reporting a small profit as it offered an upbeat assessment of its ability to weather the pandemic-inspired demand shock that has kept oil prices weak.
The pandemic forced Shell to slash its dividend by two-thirds in April—its first cut since World War II—and helped trigger a restructuring of the company, part of a broader plan at Shell to accelerate investments in low-carbon energy.
The…