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Magellan Midstream Partners L.P. (MMP) Ex-Dividend Date Scheduled for April 27, 2017

Magellan Midstream Partners L.P. ( MMP ) will begin trading ex-dividend on April 27, 2017. A cash dividend payment of $0.873 per share is scheduled to be paid on May 15, 2017. Shareholders who purchased MMP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.11% increase over prior dividend payment. At the current stock price of $76.1, the dividend yield is 4.59%.

The previous trading day's last sale of MMP was $76.1, representing a -6.93% decrease from the 52 week high of $81.77 and a 18.44% increase over the 52 week low of $64.25.

MMP is a part of the Energy sector, which includes companies such as Enbridge Inc ( ENB ) and Enterprise Products Partners L.P. ( EPD ). MMP's current earnings per share, an indicator of a company's profitability, is $3.51. Zacks Investment Research reports MMP's forecasted earnings growth in 2017 as 5.77%, compared to an industry average of 14.8%.

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:

  • Guggenheim Mid-Cap Core ETF ( CZA )
  • First Trust Multi-Asset Diversified Income Index Fund ( MDIV ).

The top-performing ETF of this group is CZA with an increase of 8.89% over the last 100 days. It also has the highest percent weighting of MMP at 1.87%.

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


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

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