This represents an increase of 5.5% over the previous quarter (US$0.2500 per unit) and a increase of 28.7% over the distribution paid with respect to 3Q15. The distribution will be paid to unitholders on record as of 31 October on 14 November.
Shell Midstream Partners, L.P. has announced that its board of directors has declared a cash distribution of US$0.26375 per limited partner unit for 3Q16.
This represents an increase of 5.5% over the previous quarter (US$0.2500 per unit) and a increase of 28.7% over the distribution paid with respect to 3Q15. The distribution will be paid to unitholders on record as of 31 October on 14 November.