Magellan Midstream Partners (MMP) Raises Quarterly Dividend 3.1% to $0.74; 4.4% Yield
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Magellan Midstream Increases Quarterly Cash Distribution to 74 Cents
July 23, 2015 9:24 AM EDTTULSA, Okla., July 23, 2015 /PRNewswire/ --Â The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to 74 cents per unit for the period April 1 through June 30, 2015, representing the 53rd distribution increase since its initial public offering in 2001.
The second-quarter 2015 distribution is 16% higher than the second-quarter 2014 distribution of 64 cents per unit and represents a 3% increase over the first-quarter 2015 distribution of 71.75 cents.... More
