Magellan Midstream Partners (MMP) Raises Quarterly Dividend 1.7% to $0.905; 5.4% Yield
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Magellan Midstream Increases Quarterly Cash Distribution to 90.5 Cents
October 19, 2017 10:07 AM EDTTULSA, Okla., Oct. 19, 2017 /PRNewswire/ --Â The board of directors of the general partner of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to 90.5 cents per unit for the period July 1 through Sept. 30, 2017, representing the 62nd distribution increase since its initial public offering in 2001.
The third-quarter 2017 distribution is 8% higher than the third-quarter 2016 distribution of 83.75 cents per unit and represents a 2% increase over the second-quarter 2017 distribution of 89 cents.... More
