Shell Midstream Partners, L.P. ( SHLX ) will begin trading ex-dividend on July 27, 2017. A cash dividend payment of $0.304 per share is scheduled to be paid on August 14, 2017. Shareholders who purchased SHLX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.47% increase over prior dividend payment. At the current stock price of $29.22, the dividend yield is 4.16%.
The previous trading day's last sale of SHLX was $29.22, representing a -14.49% decrease from the 52 week high of $34.17 and a 14.95% increase over the 52 week low of $25.42.
SHLX is a part of the Energy sector, which includes companies such as Enbridge Inc ( ENB ) and Enterprise Products Partners L.P. ( EPD ). SHLX's current earnings per share, an indicator of a company's profitability, is $1.3. Zacks Investment Research reports SHLX's forecasted earnings growth in 2017 as 12.66%, compared to an industry average of 13%.