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MMP Magellan Midstream Partners LP Dividend

Magellan Midstream Partners's most recent quarterly dividend was on Nov 4, 2021 (ex-date) with a cash dividend payment of $1.038 per share. On an annualized basis, the company has a current payout of $4.12 per share. This brings the dividend yield to 8.67% based on its recent close price. The latest dividend has an increase of $0.01, or 1% from the previous payment.

MMP next dividend date: Not announced

MMP
DPS
$4.12
Dividend yield
8.67%
Payout ratio
99.3%
Energy sector
Dividend yield
3.2%
Payout ratio
63.8%

Dividend yield

MMP has a dividend yield of 8.67% which is above the Energy sector, the industry and its peers average.

Dividend history

Magellan Midstream Partners has been paying dividends since 2001. MMP has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 0.2% for the last year. But since the stock price has gone up by 10% from a year ago, the dividend yield has decreased by 9%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Oct 20, 2021 Nov 4, 2021 Nov 12, 2021 $1.038 normal
Jul 22, 2021 Aug 5, 2021 Aug 13, 2021 $1.028 normal
Apr 22, 2021 May 6, 2021 May 14, 2021 $1.028 normal
Jan 26, 2021 Feb 4, 2021 Feb 12, 2021 $1.028 normal
Oct 22, 2020 Nov 5, 2020 Nov 13, 2020 $1.028 normal
Jul 23, 2020 Aug 6, 2020 Aug 14, 2020 $1.028 normal
Apr 23, 2020 May 7, 2020 May 15, 2020 $1.028 normal
Jan 21, 2020 Feb 6, 2020 Feb 14, 2020 $1.028 normal
Oct 24, 2019 Nov 6, 2019 Nov 14, 2019 $1.02 normal
Jul 25, 2019 Aug 6, 2019 Aug 14, 2019 $1.013 normal
Apr 25, 2019 May 7, 2019 May 15, 2019 $1.005 normal
Jan 22, 2019 Feb 6, 2019 Feb 14, 2019 $0.998 normal
Oct 25, 2018 Nov 6, 2018 Nov 14, 2018 $0.978 normal
Jul 26, 2018 Aug 6, 2018 Aug 14, 2018 $0.958 normal
Apr 26, 2018 May 7, 2018 May 15, 2018 $0.938 normal
Jan 23, 2018 Feb 5, 2018 Feb 14, 2018 $0.92 normal
Oct 19, 2017 Nov 1, 2017 Nov 14, 2017 $0.905 normal
Jul 20, 2017 Jul 27, 2017 Aug 14, 2017 $0.89 normal
Apr 20, 2017 Apr 27, 2017 May 15, 2017 $0.873 normal
Jan 24, 2017 Feb 1, 2017 Feb 14, 2017 $0.855 normal
Oct 20, 2016 Oct 27, 2016 Nov 14, 2016 $0.838 normal
Jul 21, 2016 Jul 28, 2016 Aug 12, 2016 $0.82 normal
Apr 21, 2016 Apr 28, 2016 May 13, 2016 $0.803 normal
Jan 26, 2016 Feb 3, 2016 Feb 12, 2016 $0.785 normal

Dividend payouts

Payout ratio

MMP has a payout ratio of 99.3% which is higher than the Energy sector, the industry and its peers average.

Total amount of dividends paid per financial year (from cash flow)