Shell Midstream Partners (SHLX) Raises Quarterly Dividend 7.3% to $0.22; 2.7% Yield
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Shell Midstream Partners, L.P. Declares 7.3% Increase in Quarterly Distribution
January 20, 2016 8:15 AM ESTHouston, Jan. 20, 2016 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.2200 per limited partner unit for the fourth quarter of 2015. This represents an increase of 7.3 percent over the previous quarter distribution of $0.2050 per unit and a 35.4 percent increase over the minimum quarterly distribution. The distribution will be paid... More
