Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX) Dividends
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 Price Forecast Based on Dividend Discount Model
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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
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SHLX Dividends vs. Peers
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