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 has a dividend yield of 8.67% which is above the Energy sector, the industry and its peers average.
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%.
| 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 |
MMP has a payout ratio of 99.3% which is higher than the Energy sector, the industry and its peers average.