SemGroup (SEMG) Declares $0.4725 Quarterly Dividend; 7.3% Yield

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Go back to SemGroup (SEMG) Declares $0.4725 Quarterly Dividend; 7.3% Yield

SemGroup Declares Quarterly Dividend

August 7, 2018 4:15 PM EDT

TULSA, Okla., Aug. 07, 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 August 29, 2018 to all common shareholders of record as of August 20, 2018.

The Board of Directors also declared a dividend to holders of its 7% Series A Cumulative Perpetual Convertible Preferred Stock. The company elected, pursuant to the terms of the convertible preferred shares, to have the aggregate amount of $6.2... More