Magellan Midstream Partners (MMP) Raises Quarterly Dividend 4.1% to $0.695; 3.5% Yield

Magellan Midstream Partners (NYSE: MMP) declared a quarterly dividend of $0.695 per share, or $2.78 annualized. This is a 4.1% increase from the prior dividend of $0.6675.

The dividend will be payable on February 13, 2015, to stockholders of record on February 6, 2015, with an ex-dividend date of February 4, 2015.

The annual yield on the dividend is 3.5 percent.

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

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