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Shell Midstream Partners Dividend
Dividend criteria checks 3/6
Key information
7.6%
Dividend yield
97%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.24 |
| Dividend yield forecast in 3Y | 8.1% |
Recent dividend updates
Recent updates
Shell Midstream Partners declares $0.30 dividend
Jul 21Shell Midstream Going Private Gives Investors A Low-Risk Opportunity
Jul 12Shell Midstream: Prime Assets, Subprime Valuation
Feb 02Shell Midstream Partners: Higher Distributions Would Do More Harm Than Good
Nov 22Shell Midstream Partners: Time To Buy With Dust Now Settling, Intrinsic Value 30%+ Higher
Sep 15Shell Midstream Cuts The Distribution
Aug 29Shell Midstream: Post Distribution Cut, Still A Wait And See
Jul 27Shell Midstream Partners: High Stakes For Their 13% Yield Heading Into Their Q2 Earnings
Jul 19Biden turns to emergency powers to counter Colonial Pipeline disruption
May 10Shell Midstream Partners: Distributions Looking Health But Management Still Won't Commit
Dec 22Shell Midstream Partners earnings hit by the pandemic, storms
Oct 30Shell Midstream Partners Q3 2020 Earnings Preview
Oct 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHLX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHLX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shell Midstream Partners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHLX) | 7.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (SHLX) | 8.1% |
Notable Dividend: SHLX's dividend (7.59%) is higher than the bottom 25% of dividend payers in the US market (1.61%).
High Dividend: SHLX's dividend (7.59%) is in the top 25% of dividend payers in the US market (4.59%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.5%), SHLX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.3%), SHLX's dividend payments are covered by cash flows.