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Magellan Midstream Partners L.P. (MMP) Raises Quarterly Distribution 1.9% to $0.815; 4.9% Yield

January 26, 2012 11:36 AM EST
Magellan Midstream Partners L.P. (NYSE: MMP) declared a quarterly distribution of $0.815 per share, or $3.26 annualized. This is a 1.9% increase from the prior dividend of $0.80.

The dividend will be payable on February 14, 2012, to stockholders of record on February 7, 2012, with an ex-dividend date of February 3, 2012.

The annual yield on the dividend is 4.9 percent.


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