SemGroup (SEMG) Declares $0.4725 Quarterly Dividend; 7.7% Yield

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Go back to SemGroup (SEMG) Declares $0.4725 Quarterly Dividend; 7.7% Yield

SemGroup Declares Quarterly Dividend

May 1, 2018 4:39 PM EDT

TULSA, Okla., May 01, 2018 (GLOBE NEWSWIRE) -- SemGroup® Corporation (NYSE: SEMG) today announced that its Board of Directors has declared a quarterly cash dividend to common shareholders. A dividend in the amount of $0.4725 per share, or $1.89 per share annualized, will be paid on May 25, 2018 to all common shareholders of record on May 16, 2018.

The Board of Directors also declared a dividend to holders of its 7% Series A Cumulative Perpetual Convertible Preferred Stock, which were outstanding for a portion of the first quarter 2018. The company elected, pursuant to the terms of the convertible preferred shares, to... More