Magellan Midstream Partners (MMP) Raises Quarterly Dividend 3% to $1.0275; 6.3% Yield

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Magellan Midstream Increases Quarterly Cash Distribution to $1.0275

January 21, 2020 9:00 AM EST

TULSA, Okla., Jan. 21, 2020 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to $1.0275 per unit for the period Oct. 1 through Dec. 31, 2019, representing the 71st distribution increase since its initial public offering in 2001.

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