Shell Midstream Partners (SHLX) Declares $0.25 Quarterly Dividend; 3% Yield

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Go back to Shell Midstream Partners (SHLX) Declares $0.25 Quarterly Dividend; 3% Yield

Shell Midstream Partners, L.P. Declares 6.4% Increase in Quarterly Distribution

July 20, 2016 8:01 AM EDT

Houston, July 20, 2016 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.2500 per limited partner unit for the second quarter of 2016.  This represents an increase of 6.4 percent over the previous quarterly distribution of $0.2350 per unit and a 31.6 percent increase over the distribution paid with respect to the second quarter of 2015.  The distribution will... More