Magellan Midstream Partners (MMP) Raises Quarterly Dividend 0.8% to $1.005; 6.6% Yield

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Magellan Midstream Increases Quarterly Cash Distribution to $1.005

April 25, 2019 10:24 AM EDT

TULSA, Okla., April 25, 2019 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to $1.005 per unit for the period Jan. 1 through March 31, 2019, representing the 68th distribution increase since its initial public offering in 2001.

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