Shell Midstream Partners (SHLX) Raises Quarterly Dividend 5.5% to $0.26375; 3.6% Yield

Go back to Shell Midstream Partners (SHLX) Raises Quarterly Dividend 5.5% to $0.26375; 3.6% Yield

Shell Midstream Partners, L.P. Declares 5.5% Increase in Quarterly Distribution

October 19, 2016 8:30 AM EDT

Houston, Oct. 19, 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 $0.26375 per limited partner unit for the third quarter of 2016.  This represents an increase of 5.5 percent over the previous quarterly distribution of $0.2500 per unit and a 28.7 percent increase over the distribution paid with respect to the third quarter of 2015.  The distribution will... More