Magellan Midstream Partners L.P. (
) will begin trading ex-dividend on May 06, 2013. A cash dividend
payment of $0.5075 per share is scheduled to be paid on May 15,
2013. Shareholders who purchased MMP stock prior to the ex-dividend
date are eligible for the cash dividend payment. This represents an
1.5% increase over the prior quarter. At the current stock price of
$52.46, the dividend yield is 3.87%.
The previous trading day's last sale of MMP was $52.46,
representing a -6.8% decrease from the 52 week high of $56.29 and a
57.49% 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. (
) and National Grid Transco, PLC (
). MMP's current earnings per share, an indicator of a company's
profitability, is $2.01. Zacks Investment Research reports MMP's
forecasted earnings growth in 2013 as 11.39%, compared to an
industry average of 1.9%.
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 (
The top-performing ETF of this group is AMLP with an increase of
9.96% over the last 100 days. It also has the highest percent
weighting of MMP at 7%.