SemGroup Declares Quarterly Dividends
SEMGROUP (SEMG)
Last semgroup earnings: 11/7 04:05 pm
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US:NYSE Investor Relations:
ir.semgroupcorp.com/investor-relations/default.aspx
Company Research
Source: GlobeNewswire
TULSA, Okla., Aug. 05, 2019 (GLOBE NEWSWIRE) -- SemGroup® Corporation (NYSE:SEMG) today announced that its Board of Directors has declared a quarterly cash dividend to common shareholders. A dividend in the amount of $0.4725 per share, or $1.89 per share annualized, will be paid on August 26, 2019 to all common shareholders of record as of August 15, 2019. The Board of Directors also declared a dividend to holders of its 7% Series A Cumulative Perpetual Convertible Preferred Stock. The company elected, pursuant to the terms of the convertible preferred shares, to have the aggregate amount of $6.7 million that would have been payable in cash as a dividend added to the liquidation preference of such shares as a payment in kind. The payment date for the payment in kind on the shares of convertible preferred stock is August 26, 2019 and the record date is August 15, 2019. As previously announced, SemGroup plans to hold a conference call for investors this Friday, August 9, 2019 at 11
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