Shell Midstream Partners (SHLX) Raises Quarterly Dividend 6.8% to $0.235; 2.7% Yield

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Go back to Shell Midstream Partners (SHLX) Raises Quarterly Dividend 6.8% to $0.235; 2.7% Yield

Shell Midstream Partners, L.P. Declares 6.8% Increase in Quarterly Distribution

April 20, 2016 8:03 AM EDT

Houston, Texas, April 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 $0.2350 per limited partner unit for the first quarter of 2016.  This represents an increase of 6.8 percent over the previous quarterly distribution of $0.2200 per unit and a 34.3 percent increase over the distribution paid with respect to the first quarter of 2015.  The... More