UPDATE: Shell Midstream Partners (SHLX) Raises Quarterly Dividend 4.7% to $0.333; 4.5% Yield

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Go back to UPDATE: Shell Midstream Partners (SHLX) Raises Quarterly Dividend 4.7% to $0.333; 4.5% Yield

Shell Midstream Partners, L.P. Declares 4.7% Increase in Quarterly Distribution

January 25, 2018 8:46 AM EST

Houston, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.333 per limited partner unit for the fourth quarter of 2017.  This represents an increase of 4.7 percent over the previous quarterly distribution of $0.318 per unit and a 20 percent increase over the distribution paid with respect to the fourth quarter of 2016.  The... More