Magellan Midstream Partners L.P. (MMP) Raises Quarterly Dividend 3.1% to $0.84; 4.7% Yield

Magellan Midstream Partners L.P. (NYSE: MMP) declared a quarterly dividend of $0.84 per share, or $3.36 annualized. This is a 3.1% increase from the prior dividend of $0.815.

The dividend will be payable on May 15, 2012, to stockholders of record on May 8, 2012, with an ex-dividend date of May 4, 2012.

The annual yield on the dividend is 4.7 percent.

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

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