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.
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.
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%.
| 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 |
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.
| 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% |
Yes, Shell Midstream Partners has paid four dividends in the last twelve months. SHLX has been paying dividends since 2015.
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.
Shell Midstream Partners's last regular dividend was on Aug 1, 2022 (ex-date) with the amount of $0.3 per share.
SHLX has paid dividend of $1.2 per share in the last year.
The current dividend yield of Shell Midstream Partners is 7.59%.
Shell Midstream Partners has a quarterly dividend frequency.
Shell Midstream Partners's dividend payout ratio is 96.8%.
Shell Midstream Partners's dividend yield is above the Energy sector average.