Magellan Midstream Increases Quarterly Cash Distribution to 71.75 Cents

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Go back to Magellan Midstream Increases Quarterly Cash Distribution to 71.75 Cents

Magellan Midstream Partners (MMP) Raises Quarterly Dividend 3.2% to $0.7175; 3.5% Yield

April 23, 2015 9:31 AM EDT

Magellan Midstream Partners (NYSE: MMP) declared a quarterly dividend of $0.7175 per share, or $2.87 annualized. This is a 3.2% increase from the prior dividend of $0.695.

The dividend will be payable on May 15, 2015, to stockholders of record on May 4, 2015, with an ex-dividend date of April 30,... More