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SHLX Shell Midstream Partners dividend history, payout ratio & dates

Shell Midstream Partners's most recent quarterly dividend was on Aug 1, 2022 (ex-date) with a cash dividend payment of $0.3 per share. On an annualized basis, the company has a current payout of $1.2 per share. This brings the dividend yield to 7.59% based on its recent close price.

Key dates

  • SHLX last dividend date: Aug 1, 2022
  • SHLX next dividend date: Not announced
SHLX dividend stats
DPS
$1.2
Dividend yield
7.59%
Payout ratio
96.8%
vs. Energy sector
Dividend yield
3.95%
Payout ratio
47.3%

Dividend yield

What is Shell Midstream Partners current dividend yield

SHLX has a dividend yield of 7.59% which is above the Energy sector and the industry average. Compared to its Energy sector average of 3.95%, Shell Midstream Partners's dividend yield is 92% higher. The historical 5-year average of SHLX's dividend yield is 10.1%, which is above the current yield.

Dividend history

What is SHLX dividend payout history and dates

Shell Midstream Partners has been paying dividends since 2015. SHLX has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 29% for the last twelve months. And since the stock price has gone up by 39% from a year ago, the dividend yield has decreased by 49%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 1, 2022 Aug 12, 2022 Jul 20, 2022 $0.3 normal
May 2, 2022 May 13, 2022 Apr 21, 2022 $0.3 normal
Jan 31, 2022 Feb 11, 2022 Jan 20, 2022 $0.3 normal
Nov 1, 2021 Nov 12, 2021 Oct 20, 2021 $0.3 normal
Aug 2, 2021 Aug 13, 2021 Jul 22, 2021 $0.3 normal
May 3, 2021 May 14, 2021 Apr 22, 2021 $0.46 normal
Feb 1, 2021 Feb 12, 2021 Jan 21, 2021 $0.46 normal
Nov 2, 2020 Nov 13, 2020 Oct 22, 2020 $0.46 normal
Aug 3, 2020 Aug 14, 2020 Jul 23, 2020 $0.46 normal
May 4, 2020 May 15, 2020 Apr 23, 2020 $0.46 normal
Jan 31, 2020 Feb 14, 2020 Jan 23, 2020 $0.46 normal
Nov 1, 2019 Nov 14, 2019 Oct 24, 2019 $0.445 normal
Aug 2, 2019 Aug 14, 2019 Jul 24, 2019 $0.43 normal
May 3, 2019 May 15, 2019 Apr 24, 2019 $0.415 normal
Feb 1, 2019 Feb 14, 2019 Jan 24, 2019 $0.4 normal
Nov 2, 2018 Nov 14, 2018 Oct 25, 2018 $0.382 normal
Aug 3, 2018 Aug 14, 2018 Jul 26, 2018 $0.365 normal
May 4, 2018 May 15, 2018 Apr 26, 2018 $0.348 normal
Feb 2, 2018 Feb 14, 2018 Jan 25, 2018 $0.333 normal
Oct 30, 2017 Nov 14, 2017 Oct 19, 2017 $0.318 normal
Jul 27, 2017 Aug 14, 2017 Jul 20, 2017 $0.304 normal
Apr 27, 2017 May 12, 2017 Apr 20, 2017 $0.291 normal
Jan 27, 2017 Feb 14, 2017 Jan 19, 2017 $0.277 normal
Oct 27, 2016 Nov 14, 2016 Oct 19, 2016 $0.264 normal
Jul 28, 2016 Aug 12, 2016 Jul 20, 2016 $0.25 normal
Apr 28, 2016 May 12, 2016 Apr 20, 2016 $0.235 normal

Shell Midstream Partners dividend payout ratio

What is Shell Midstream Partners dividend payout ratio compared to the sector

Payout ratio

SHLX has a payout ratio of 96.8% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 47.3%, Shell Midstream Partners's payout ratio is 105% higher.

Total amount of dividends paid per financial year (from cash flow)

SHLX dividend vs peer dividends

How does SHLX dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MMP Magellan Midstream Partners LP 8.61% $4.15 88.9%
SHLX Shell Midstream Partners LP 7.59% $1.2 96.8%
DKL Delek Logistics Partners LP 7.49% $3.89 107.8%

Frequently asked questions

Does Shell Midstream Partners pay a dividend?

Yes, Shell Midstream Partners has paid four dividends in the last twelve months. SHLX has been paying dividends since 2015.

When is Shell Midstream Partners's next dividend?

SHLX hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in November 2022.

When was SHLX's last dividend?

Shell Midstream Partners's last regular dividend was on Aug 1, 2022 (ex-date) with the amount of $0.3 per share.

How much dividend does Shell Midstream Partners pay (per share)?

SHLX has paid dividend of $1.2 per share in the last year.

What is Shell Midstream Partners's dividend yield?

The current dividend yield of Shell Midstream Partners is 7.59%.

How often does Shell Midstream Partners pay dividends?

Shell Midstream Partners has a quarterly dividend frequency.

What is Shell Midstream Partners's dividend payout ratio?

Shell Midstream Partners's dividend payout ratio is 96.8%.

Does Shell Midstream Partners pay a good dividend?

Shell Midstream Partners's dividend yield is above the Energy sector average.