Shell Midstream Partners (SHLX) Raises Quarterly Dividend 3.7% to $0.415; 8% Yield

Go back to Shell Midstream Partners (SHLX) Raises Quarterly Dividend 3.7% to $0.415; 8% Yield

Shell Midstream Partners, L.P. Declares 3.75% Increase in Quarterly Distribution

April 25, 2019 8:30 AM EDT

Houston, April 25, 2019 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.4150 per limited partner unit for the first quarter of 2019. This represents an increase of 3.75 percent over the previous quarterly distribution of $0.4000 per unit and a 19.3 percent increase over the distribution paid with respect to the first quarter of 2018. The distribution will be paid May 15, 2019 to unitholders of record as of May 6, 2019.  TAX CONSIDERATIONSThis release... More