Magellan Midstream Partners (MMP) Raises Quarterly Dividend 3% to $1.0275; 6.3% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Mizuho Securities Reiterates Neutral Rating on Magellan Midstream Partners (MMP)
January 22, 2020 6:51 AM ESTMizuho Securities analyst Gabriel Moreen reiterated a Neutral rating and $68.00 price target on Magellan Midstream Partners (NYSE: MMP) following the companies announcement of a $750mn unit buyback program. While Moreen believes the initiative will be opportunistic as opposed to programmatic, he is nonetheless encouraged... More
Magellan Midstream Partners (MMP) to sell three marine terminals to Buckeye Partners, L.P. for $250M, approves $750M buyback
January 21, 2020 8:32 AM ESTMagellan Midstream Partners, L.P. (NYSE: MMP) announced today an agreement to sell three marine terminals to Buckeye Partners, L.P. for $250 million. The terminals are located in New Haven, Connecticut, Wilmington, Delaware and Marrero, Louisiana.
"Magellan remains focused on capital discipline and managing our business for the long term," said Michael Mears, chief executive officer. "Optimization of our asset portfolio, including divestiture of facilities outside our strategic footprint, is an important element to maximize unitholder value and our strong financial position."
Mears... More
