Magellan Midstream Increases Quarterly Cash Distribution to 76.25 Cents

Go back to Magellan Midstream Increases Quarterly Cash Distribution to 76.25 Cents

Magellan Midstream Partners (MMP) Raises Quarterly Dividend 3% to $0.7625; Yields 4.6%

October 22, 2015 9:44 AM EDT

Magellan Midstream Partners (NYSE: MMP) declared a quarterly dividend of $0.7625 per share, or $3.05 annualized. This is a 3% increase from the prior dividend of $0.74.

The dividend will be payable on November 13, 2015, to stockholders of record on November 2, 2015, with an ex-dividend date of October 29,... More