TULSA, Okla., Aug. 6, 2015 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by SemGroup® Corporation SEMG, the record date should be August 17, payable on August 25. The corrected information follows:
The SemGroup board of directors declared a quarterly cash dividend to common shareholders of $0.42 per share, resulting in an annualized dividend of $1.68 per share. This marks the tenth consecutive increase in the quarterly cash distribution to SEMG shareholders and represents a 56% increase year-over-year compared to second quarter 2014 dividend of $0.27 per share and an 11% increase from the previous quarterly dividend of $0.38. The dividend will be paid on August 25, 2015 to all common shareholders of record on August 17, 2015.
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