Magellan Midstream Partners L.P. (MMP) Ex-Dividend Date Scheduled for November 05, 2013

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Magellan Midstream Partners L.P. ( MMP ) will begin trading ex-dividend on November 05, 2013. A cash dividend payment of $0.5575 per share is scheduled to be paid on November 14, 2013. Shareholders who purchased MMP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.69% increase over the prior quarter. At the current stock price of $59.86, the dividend yield is 3.73%.

The previous trading day's last sale of MMP was $59.86, representing a -1.2% decrease from the 52 week high of $60.59 and a 53.25% increase over the 52 week low of $39.06.

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 $2.41. Zacks Investment Research reports MMP's forecasted earnings growth in 2013 as 25.65%, compared to an industry average of -6.9%.

For more information on the declaration, record and payment dates, visit the MMP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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 )
  • Guggenheim Mid-Cap Core ETF ( CZA ).

The top-performing ETF of this group is CZA with an increase of 12.12% over the last 100 days. AMLP has the highest percent weighting of MMP at 7.53%.

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



This article appears in: News Headlines , Stocks
More Headlines for: AMLP , CZA , EPD , MMP , NGG


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