Magellan Midstream Partners L.P. (MMP) Ex-Dividend Date Scheduled for February 04, 2013

By
A A A

Magellan Midstream Partners L.P. ( MMP ) will begin trading ex-dividend on February 04, 2013. A cash dividend payment of $0.5 per share is scheduled to be paid on February 14, 2013. Shareholders who purchased MMP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.09% increase over the prior quarter.

The previous trading day's last sale of MMP was $49.55, representing a -0.56% decrease from the 52 week high of $49.83 and a 48.75% increase over the 52 week low of $33.31.

MMP is a part of the Energy sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). MMP's current earnings per share, an indicator of a company's profitability, is $1.73. Zacks Investment Research reports MMP's forecasted earnings growth in 2012 as 5.94%, compared to an industry average of 7%.


For more information on the declaration, record and payment dates, visit the MMP Dividend History page.

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 ( AMLP ).

The top-performing ETF of this group is AMLP with an increase of 4.83% over the last 100 days. It also has the highest percent weighting of MMP at 7.13%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: News Headlines , Stocks

Referenced Stocks: AMLP , EPD , MMP , NGG

NASDAQ.com News

NASDAQ.com News

More from NASDAQ.com News:

Related Videos

What to Wear to a Wedding
What to Wear to a Wedding           
4th of July Outfits
4th of July Outfits                 

Stocks

Referenced

Most Active by Volume

62,287,287
  • $17.03 ▼ 1.10%
26,194,993
  • $30.555 ▲ 1.24%
26,150,957
  • $126.44 ▼ 0.13%
25,197,634
  • $40.59 ▼ 6.26%
25,192,083
  • $19.07 ▲ 1.54%
24,563,617
  • $26.78 ▲ 0.45%
24,474,256
  • $5.85 ▲ 1.56%
24,111,132
  • $8.83 ▲ 2.08%
As of 7/2/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com