Magellan Midstream Partners (MMP) Raises Quarterly Dividend 2.2% to $0.8025; 4.6% Yield

Magellan Midstream Partners (NYSE: MMP) declared a quarterly dividend of $0.8025 per share, or $3.21 annualized. This is a 2.2% increase from the prior dividend of $0.785.

The dividend will be payable on May 13, 2016, to stockholders of record on May 2, 2016, with an ex-dividend date of April 28, 2016.

The annual yield on the dividend is 4.6 percent.

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

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