Magellan Midstream Partners (MMP) Raises Quarterly Dividend 2.1% to $0.8375; 4.7% Yield

October 20, 2016 9:41 AM EDT

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Magellan Midstream Partners (NYSE: MMP) declared a quarterly dividend of $0.8375 per share, or $3.35 annualized. This is a 2.1% increase from the prior dividend of $0.82.

The dividend will be payable on November 14, 2016, to stockholders of record on October 31, 2016, with an ex-dividend date of October 27, 2016.

The annual yield on the dividend is 4.7 percent.

For a dividend history and other dividend-related data on Magellan Midstream Partners (MMP) click here.

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