Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX) Dividends

Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX)

Today's Latest Price: $13.42 USD

0.07 (-0.52%)

Updated Jun 1 4:10pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 56 in MLPs - Oil & Gas

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • SHLX has issued more total dividends (as measured in absolute US dollars) over the past six years than 77.6% of other US stocks currently paying dividends.
  • Over the past 5.5 years, SHLX has averaged an annual trailing twelve month dividend growth rate of 12.85%.
  • In terms of history, this is the 17th quarter in a row dividends for SHLX have increased.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with SHLX that may be suitable potential portfolio mates: LDOS, FLO, JNJ, EGO and NGVC.
SHLX Ex-Dividend Date
SHLX Dividend Yield
13.64%
SHLX Annual Dividend
$1.84
SHLX Payout Ratio

SHLX Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$13.42$33.95 147.07%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Shell Midstream Partners LP, the DDM model generated by StockNews estimates a return of positive 147.07% in comparison to its current price. To help understand and contextualize the model's evaluation of SHLX, investors may wish to consider are:

  • Compared to other US stocks that pay a dividend, Shell Midstream Partners LP produces a dividend yield 13.39% -- which falls in the top 5.19%.
  • Beta is a measure of how volatile a stock is relative to the S&P 500; when evaluated against its peers in the small-sized revenue class, Shell Midstream Partners LP has a beta lower than only 14.8% of such peers.
  • In terms of opportunity, SHLX's provides a return of 147.07% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 85.82% of all stocks we measured with our dividend discount model.

SHLX Dividend Chart


SHLX Dividend History

Ex-Dividend Date Type Payout Amount Change
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SHLX Dividends vs. Peers

SHLX's dividend yield currently ranks #18 of 81 vs. its peers in the MLPs - Oil & Gas category.
Rank Symbol Name Dividend Yield
1 SMLP Summit Midstream Partners, LP Common Limited Partner Interests 46.73%
2 CVRR CVR Refining, LP Common Limited Partner Interests 34.32%
3 AM Antero Midstream Corporation 27.21%
4 OMP Oasis Midstream Partners LP Common Limited Partner Interests 24.55%
5 SRLP Sprague Resources LP Common Units representing Limited Partner Interests 18.54%
6 CEQP Crestwood Equity Partners LP 18.00%
7 USAC USA Compression Partners, LP Common Limited Partner Interests 17.46%
8 DMLP Dorchester Minerals, L.P. - Common Limited Partnership Interests 16.08%
9 ENLC EnLink Midstream, LLC Common Units representing Limited Partner Interests 15.90%
10 ENBL Enable Midstream Partners, LP Common Units representing limited partner interests 15.57%
11 NGL NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests 15.44%
12 GLP Global Partners LP Global Partners LP Common Units representing Limited Partner Interests 15.28%
13 MPLX MPLX LP Common Limited Partner Interests 14.76%
14 NDRO Enduro Royalty Trust Trust Units representing beneficial interest in the trust 14.59%
15 DKL Delek Logistics Partners, L.P. Common Units representing Limited Partner Interests 14.54%
16 DCP DCP Midstream, LP Common Units 13.79%
17 EEP Enbridge Energy, L.P. Common Units 13.63%
18 SHLX Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests 13.39%
19 CAPL CrossAmerica Partners LP Common Units representing limited partner interests 13.29%
20 WES Western Midstream Partners, LP Common Limited Partner Interests 13.26%
21 SUN Sunoco LP Common Units representing limited partner interests 12.98%
22 ANDX Andeavor Logistics LP Common Units representing Limited Partner Interests 12.81%
23 ENLK EnLink Midstream Partners, LP Common Limited Partnership Interests 12.46%
24 PBFX PBF Logistics LP Common Units representing limited partner interests 11.71%
25 BPMP BP Midstream Partners LP Common Units representing Limited Partner Interests 10.83%
26 ARCX Arc Logistic Partners LP Common Units representing limited partner interest 10.68%
27 ETP Energy Transfer Partners, L.P. Common Units representing limited partner interests 10.38%
28 MMLP Martin Midstream Partners L.P. - Common Limited Partnership Interests 9.77%
29 NSH Nustar GP Holdings, LLC Units 9.26%
30 NS Nustar Energy L.P. Common Units 9.25%
31 MMP Magellan Midstream Partners L.P. Limited Partnership 9.22%
32 EPD Enterprise Products Partners L.P. 9.19%
33 CCLP CSI Compressco LP - common units 8.80%
34 HEP Holly Energy Partners, L.P. 8.69%
35 TEP Tallgrass Energy Partners, LP Common Units representing limited partner interests 8.67%
36 SEP Spectra Energy Partners, LP Common Units representing Limited Partner Interests 8.67%
37 DM Dominion Energy Midstream Partners, LP Common Units representing Limited Partner Interests 8.56%
38 EQM EQM Midstream Partners, LP Common Units representing Limited Partner Interests 7.89%
39 TLP TransMontaigne Partners L.P. Transmontaigne Partners L.P. Common Units representing limited partner interests 7.86%
40 NBLX Noble Midstream Partners LP Common Limited Partner Interests 7.80%
41 PSXP Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership 7.76%
42 CQP Cheniere Energy Partners, LP Cheniere Energy Partners, LP Common Units 7.74%
43 WNRL Western Refining Logistics, LP Common Units representing limited partner interests 7.70%
44 GPP Green Plains Partners LP - Common Units 7.68%
45 APLP Archrock Partners, L.P. - Common Units representing Limited Partner Interests 7.65%
46 TCP TC PipeLines, LP Common Units representing Limited Partner Interests 7.64%
47 PAA Plains All American Pipeline, L.P. 7.41%
48 WGP Western Gas Equity Partners, LP Common Limited Partner Interests 7.37%
49 BPL Buckeye Partners L.P. 7.24%
50 ETE Energy Transfer Equity, L.P. Energy Transfer Equity, L.P. Common Units representing Limited Partnership interests 7.14%
51 GEL Genesis Energy, L.P. Common Units 7.12%
52 PAGP Plains Group Holdings, L.P. Class A Shares representing limited partner interests 7.12%
53 CQH Cheniere Energy Partners LP Holdings, LLC 7.07%
54 WPT World Point Terminals, LP Common Units representing Limited Partner Interests 6.94%
55 VTTI VTTI Energy Partners LP Common Units representing limited partner interests 6.91%
56 SGU Star Group L.P. 6.63%
57 RMP Rice Midstream Partners LP Common Units representing limited partner interests 6.63%
58 EQGP EQGP Holdings, LP Common Units representing limited partner interests 6.30%
59 OKS ONEOK Partners, L.P. 6.23%
60 PTXP PennTex Midstream Partners, LP - Common Limited Partnership Interests 5.90%
61 ALDW Alon USA Partners, LP Common Units representing Limited Partner Interests 5.35%
62 WPZ Williams Partners, L.P. Common Limited Partner Interests 5.29%
63 VLP Valero Energy Partners LP Common Units representing limited partner interests 5.22%
64 BSM Black Stone Minerals, L.P. Common units representing limited partner interests 4.95%
65 CNXM CNX Midstream Partners LP Common Units representing limited partner interests 4.44%
66 VNOM Viper Energy Partners LP - Common Unit 3.76%
67 BWP Boardwalk Pipeline Partners LP Common Units 3.32%
68 SDLP Seadrill Partners LLC Common Limited Liability Company Interests 2.63%
69 TRGP Targa Resources, Inc. 2.18%
70 CLMT Calumet Specialty Products Partners, L.P. - Common units representing limited partner interests 0.00%
71 SND Smart Sand, Inc. 0.00%
72 TGE Tallgrass Energy, LP Class A Shares 0.00%
73 FGP Ferrellgas Partners, L.P. 0.00%
74 MCEP Mid-Con Energy Partners, LP - Common Units 0.00%
75 EVEP EV Energy Partners, L.P. - common units representing limited partnership interest 0.00%
76 SNMP Sanchez Midstream Partners LP 0.00%
77 BPT BP Prudhoe Bay Royalty Trust 0.00%
78 EMES Emerge Energy Services LP Common Units representing Limited Partner Interests 0.00%
79 BTE Baytex Energy Corp 0.00%
80 VNR Vanguard Natural Res 0.00%
81 LGCY Legacy Reserves Inc. 0.00%

Looking for More Information on SHLX dividends?

Here are a few links from around the web to help you further your research on Shell Midstream Partners LP and its dividends:

Shell Midstream Partners LP Common Stock (SHLX) Dividend History | Nasdaq
Dividend History for Shell Midstream Partners LP (SHLX) - Dividend Investor
Shell Midstream Partners LP (SHLX) Dividend History - Seeking Alpha


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