Shell Midstream Partners (SHLX) Raises Quarterly Dividend 4.6% to $0.318; 4.8% Yield

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Shell Midstream Partners, L.P. Declares 4.6% Increase in Quarterly Distribution

October 19, 2017 8:30 AM EDT

Houston, Oct. 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 $0.318 per limited partner unit for the third quarter of 2017.  This represents an increase of 4.6 percent over the previous quarterly distribution of $0.3041 per unit and a 20.6 percent increase over the distribution paid with respect to the third quarter of 2016.  The... More