Magellan Midstream Partners's most recent quarterly dividend was on Nov 4, 2022 (ex-date) with a cash dividend payment of $1.048 per share. On an annualized basis, the company has a current payout of $4.16 per share. This brings the dividend yield to 7.61% based on its recent close price. The latest dividend has an increase of $0.01, or 1% from the previous payment.
MMP has a dividend yield of 7.61% which is above the Energy sector and the industry average but below its peers average. If we compare it with its Energy sector average of 3.97%, Magellan Midstream Partners's dividend yield is 92% higher. Historically MMP's dividend yield has averaged at 7.8% in the last 5 years, which is similar to the current yield.
Magellan Midstream Partners has been paying dividends since 2001. MMP has issued three quarterly dividends in the last twelve months. The annualized DPS has an increase of 0.7% for the last year. But since the stock price has gone up by 13% from a year ago, the dividend yield has decreased by 11%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 4, 2022 | Nov 14, 2022 | Oct 20, 2022 | $1.048 | normal |
Aug 4, 2022 | Aug 12, 2022 | Jul 21, 2022 | $1.038 | normal |
Apr 29, 2022 | May 13, 2022 | Apr 21, 2022 | $1.038 | normal |
Feb 4, 2022 | Feb 14, 2022 | Jan 25, 2022 | $1.038 | normal |
Nov 4, 2021 | Nov 12, 2021 | Oct 20, 2021 | $1.038 | normal |
Aug 5, 2021 | Aug 13, 2021 | Jul 22, 2021 | $1.028 | normal |
May 6, 2021 | May 14, 2021 | Apr 22, 2021 | $1.028 | normal |
Feb 4, 2021 | Feb 12, 2021 | Jan 26, 2021 | $1.028 | normal |
Nov 5, 2020 | Nov 13, 2020 | Oct 22, 2020 | $1.028 | normal |
Aug 6, 2020 | Aug 14, 2020 | Jul 23, 2020 | $1.028 | normal |
May 7, 2020 | May 15, 2020 | Apr 23, 2020 | $1.028 | normal |
Feb 6, 2020 | Feb 14, 2020 | Jan 21, 2020 | $1.028 | normal |
Nov 6, 2019 | Nov 14, 2019 | Oct 24, 2019 | $1.02 | normal |
Aug 6, 2019 | Aug 14, 2019 | Jul 25, 2019 | $1.013 | normal |
May 7, 2019 | May 15, 2019 | Apr 25, 2019 | $1.005 | normal |
Feb 6, 2019 | Feb 14, 2019 | Jan 22, 2019 | $0.998 | normal |
Nov 6, 2018 | Nov 14, 2018 | Oct 25, 2018 | $0.978 | normal |
Aug 6, 2018 | Aug 14, 2018 | Jul 26, 2018 | $0.958 | normal |
May 7, 2018 | May 15, 2018 | Apr 26, 2018 | $0.938 | normal |
Feb 5, 2018 | Feb 14, 2018 | Jan 23, 2018 | $0.92 | normal |
Nov 1, 2017 | Nov 14, 2017 | Oct 19, 2017 | $0.905 | normal |
Jul 27, 2017 | Aug 14, 2017 | Jul 20, 2017 | $0.89 | normal |
Apr 27, 2017 | May 15, 2017 | Apr 20, 2017 | $0.873 | normal |
Feb 1, 2017 | Feb 14, 2017 | Jan 24, 2017 | $0.855 | normal |
Oct 27, 2016 | Nov 14, 2016 | Oct 20, 2016 | $0.838 | normal |
Jul 28, 2016 | Aug 12, 2016 | Jul 21, 2016 | $0.82 | normal |
Apr 28, 2016 | May 13, 2016 | Apr 21, 2016 | $0.803 | normal |
Feb 3, 2016 | Feb 12, 2016 | Jan 26, 2016 | $0.785 | normal |
MMP has a payout ratio of 80.3% which is higher than the Energy sector average but lower than the industry and its peers average. In comparison with the Energy sector average of 41.6%, Magellan Midstream Partners's payout ratio is 93% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NS NuStar Energy LP | 9.48% | $1.6 | 432.4% |
MPLX Mplx Lp | 8.68% | $2.96 | 78.7% |
DKL Delek Logistics Partners LP | 8.39% | $3.98 | 109.2% |
MMP Magellan Midstream Partners LP | 7.61% | $4.16 | 80.3% |
HEP Holly Energy Partners Lp | 7.57% | $1.4 | 84.3% |
GEL Genesis Energy Lp | 5.34% | $0.6 | N/A |
Yes, Magellan Midstream Partners has paid three dividends in the last 12 months. MMP has been paying dividends since 2001.
MMP's next dividend is scheduled on Feb 6, 2023 (ex-date).
Magellan Midstream Partners's last dividend ex-date was on Nov 4, 2022. The dividend amount was $1.048 per share.
On an annual basis MMP pays $4.16 per share.
Magellan Midstream Partners's current dividend yield is 7.61%.
Magellan Midstream Partners pays dividends quarterly.
The dividend payout ratio of Magellan Midstream Partners is 80.3%.
Magellan Midstream Partners's dividend yield is more than the Energy sector average.