Magellan Midstream Partners L.P. (
) 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. (
) and National Grid Transco, PLC (
). 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
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 (
- Guggenheim Mid-Cap Core ETF (
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%.