Shell Midstream Partners (SHLX) Raises Quarterly Dividend 5% to $0.277; 3.6% Yield

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Go back to Shell Midstream Partners (SHLX) Raises Quarterly Dividend 5% to $0.277; 3.6% Yield

Shell Midstream Partners, L.P. Declares 5% Increase in Quarterly Distribution

January 19, 2017 8:30 AM EST

Houston, Jan. 19, 2017 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.2770 per limited partner unit for the fourth quarter of 2016.  This represents an increase of 5 percent over the previous quarterly distribution of $0.26375 per unit and a 26 percent increase over the distribution paid with respect to the fourth quarter of 2015.  The distribution will... More