Magellan Midstream Increases Quarterly Cash Distribution to 74 Cents

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Go back to Magellan Midstream Increases Quarterly Cash Distribution to 74 Cents

Magellan Midstream Partners (MMP) Raises Quarterly Dividend 3.1% to $0.74; 4.4% Yield

July 23, 2015 9:25 AM EDT

Magellan Midstream Partners (NYSE: MMP) declared a quarterly dividend of $0.74 per share, or $2.96 annualized. This is a 3.1% increase from the prior dividend of $0.7175.

The dividend will be payable on August 14, 2015, to stockholders of record on August 7, 2015, with an ex-dividend date of August 5,... More