CORRECTION -- SemGroup Corporation Reports First Quarter 2015 Results
May 07 2015 - 4:02PM
In a release issued under the same headline earlier today by
SemGroup® Corporation (NYSE:SEMG), the dividend date should be May
29, to all common shareholders of record on May 18. The corrected
information follows:
The SemGroup board of directors declared a quarterly cash
dividend to common shareholders of $0.38 per share, resulting in an
annualized distribution of $1.52 per share. This represents a 12%
increase from the previous quarterly dividend of $0.34 and a 58%
increase year-over-year. The dividend will be paid on May 29, 2015
to all common shareholders of record on May 18, 2015. The company
is targeting a dividend growth rate for 2015 of 50% to 60%
year-over-year and an annual growth rate of approximately 30% to
40% over the next three years.
CONTACT: Investor Relations:
Alisa Perkins
918-524-8081
investor.relations@semgroupcorp.com
Media:
Kiley Roberson
918-524-8594
kroberson@semgroupcorp.com
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