Magellan Midstream Partners L.P. (
) will begin trading ex-dividend on August 05, 2013. A cash
dividend payment of $0.5325 per share is scheduled to be paid on
August 14, 2013. Shareholders who purchased MMP stock prior to the
ex-dividend date are eligible for the cash dividend payment. This
represents an 4.93% increase over the prior quarter. At the current
stock price of $56.48, the dividend yield is 3.77%.
The previous trading day's last sale of MMP was $56.48,
representing a -0.41% decrease from the 52 week high of $56.71 and
a 46.13% increase over the 52 week low of $38.65.
MMP is a part of the Energy sector, which includes companies
such as Enterprise Products Partners L.P. (
) and National Grid Transco, PLC (
). MMP's current earnings per share, an indicator of a company's
profitability, is $2.08. Zacks Investment Research reports MMP's
forecasted earnings growth in 2013 as 12.48%, compared to an
industry average of .5%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to MMP through an Exchange
Traded Fund [ETF]?
The following ETF(s) have MMP as a top-10 holding:
- Alerian MLP ETF (
- Guggenheim Mid-Cap Core ETF (
The top-performing ETF of this group is CZA with an increase of
11.33% over the last 100 days. AMLP has the highest percent
weighting of MMP at 7.09%.