Shell Midstream Partners (SHLX) Raises Quarterly Dividend 5.1% to $0.2910; 3.6% Yield

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Shell Midstream Partners, L.P. Declares 5.1% Increase in Quarterly Distribution

April 20, 2017 8:30 AM EDT

Houston, April 20, 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 $0.2910 per limited partner unit for the first quarter of 2017.  This represents an increase of 5.1 percent over the previous quarterly distribution of $0.2770 per unit and a 23.8 percent increase over the distribution paid with respect to the first quarter of 2016.  The distribution... More