Magellan Midstream Partners (MMP) Raises Quarterly Distribution 2.9% to $0.485; 4.4% Yield

Magellan Midstream Partners L.P. (NYSE: MMP) declared a quarterly distribution of $0.485 per share, or $1.94 annualized. This is a 2.9% increase from the prior distribution of $0.47125.

The distribution will be payable on November 14, 2012, to stockholders of record on November 6, 2012, with an ex-distribution date of November 2, 2012.

The annual yield on the distribution is 4.4 percent.

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

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Pegasystems (PEGA) Declares $0.083 Special Dividend; 0.2% Yield
• Xylem (XYL) Declares $0.43 Quarterly Dividend; 1.4% Yield
• Martin Marietta Materials (MLM) Raises Quarterly Dividend 1.2% to $0.84; 0.6% Yield