Magellan Midstream Partners L.P. Limited Partnership (MMP) Dividends

Magellan Midstream Partners L.P. Limited Partnership (MMP): $47.14

-0.07 (-0.15%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • MMP has issued more total dividends (as measured in absolute US dollars) over the past six years than 89.41% of other US stocks currently paying dividends.
  • In terms trailing twelve months of dividends issued, MMP has returned $921,766,000 US dollars -- more than 87.55% of public US dividend stocks.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with MMP that may be suitable potential portfolio mates: RMAX, WDFC, SQFT, TAK and QCOM.
MMP Ex-Dividend Date
MMP Dividend Yield
8.71%
MMP Annual Dividend
$4.11
MMP Payout Ratio

MMP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$47.14$215.49 330.98%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Magellan Midstream Partners LP, the DDM model generated by StockNews estimates a return of positive 330.98% in comparison to its current price. Digging deeper, the aspects of Magellan Midstream Partners LP's dividend discount model that we found most interesting were:

  • Compared to other US stocks that pay a dividend, Magellan Midstream Partners LP produces a dividend yield 8.22% -- which falls in the top 4.98%.
  • The stock's annual revenue of roughly $2 billion puts it in the mid-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 92.21% of companies in the same revenue class.
  • As other dividend issuers in the Energy sector, Magellan Midstream Partners LP has an equity discount rate lower than 92.79% of them.

MMP Dividend Chart


MMP Dividend History

Ex-Dividend Date Type Payout Amount Change
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MMP Dividends vs. Peers

MMP's dividend yield currently ranks #26 of 80 vs. its peers in the MLPs - Oil & Gas category.
Rank Symbol Name Dividend Yield
1 CVRR CVR Refining, LP Common Limited Partner Interests 34.32%
2 CNXM CNX Midstream Partners LP Common Units representing limited partner interests 21.83%
3 SRLP Sprague Resources LP Common Units representing Limited Partner Interests 14.81%
4 NDRO Enduro Royalty Trust Trust Units representing beneficial interest in the trust 14.59%
5 USAC USA Compression Partners, LP Common Limited Partner Interests 13.69%
6 EEP Enbridge Energy, L.P. Common Units 13.63%
7 ANDX Andeavor Logistics LP Common Units representing Limited Partner Interests 12.81%
8 ENLK EnLink Midstream Partners, LP Common Limited Partnership Interests 12.46%
9 GLP Global Partners LP Global Partners LP Common Units representing Limited Partner Interests 11.52%
10 DMLP Dorchester Minerals, L.P. - Common Limited Partnership Interests 11.35%
11 CAPL CrossAmerica Partners LP Common Units representing limited partner interests 10.95%
12 OMP Oasis Midstream Partners LP 10.71%
13 ARCX Arc Logistic Partners LP Common Units representing limited partner interest 10.68%
14 BPMP BP Midstream Partners LP Common Units representing Limited Partner Interests 10.59%
15 SHLX Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests 10.53%
16 ETP Energy Transfer Partners, L.P. Common Units representing limited partner interests 10.38%
17 NS Nustar Energy L.P. Common Units 10.23%
18 PSXP Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership 9.92%
19 PBFX PBF Logistics LP Common Units representing limited partner interests 9.89%
20 MPLX MPLX LP Common Limited Partner Interests 9.79%
21 SUN Sunoco L.P. 8.94%
22 AM Antero Midstream Corporation 8.90%
23 CEQP Crestwood Equity Partners LP 8.89%
24 TEP Tallgrass Energy Partners, LP Common Units representing limited partner interests 8.67%
25 SEP Spectra Energy Partners, LP Common Units representing Limited Partner Interests 8.67%
26 MMP Magellan Midstream Partners L.P. Limited Partnership 8.63%
27 TCP TC PipeLines, LP Common Units representing Limited Partner Interests 8.61%
28 DKL Delek Logistics Partners L.P. 8.51%
29 ENBL Enable Midstream Partners LP 8.34%
30 EPD Enterprise Products Partners L.P. 8.09%
31 TLP TransMontaigne Partners L.P. Transmontaigne Partners L.P. Common Units representing limited partner interests 7.86%
32 HEP Holly Energy Partners, L.P. 7.79%
33 WNRL Western Refining Logistics, LP Common Units representing limited partner interests 7.70%
34 APLP Archrock Partners, L.P. - Common Units representing Limited Partner Interests 7.65%
35 WGP Western Gas Equity Partners, LP Common Limited Partner Interests 7.37%
36 BSM Black Stone Minerals, L.P. Common units representing limited partner interests 7.29%
37 GEL Genesis Energy, L.P. Common Units 7.28%
38 PAA Plains All American Pipeline L.P. 7.27%
39 BPL Buckeye Partners L.P. 7.24%
40 EQM EQM Midstream Partners, LP Common Units representing Limited Partner Interests 7.23%
41 ETE Energy Transfer Equity, L.P. Energy Transfer Equity, L.P. Common Units representing Limited Partnership interests 7.14%
42 CQH Cheniere Energy Partners LP Holdings, LLC 7.07%
43 WPT World Point Terminals, LP Common Units representing Limited Partner Interests 6.94%
44 PAGP Plains Group Holdings, L.P. Class A Shares representing limited partner interests 6.93%
45 VNOM Viper Energy Partners LP - Common Unit 6.93%
46 VTTI VTTI Energy Partners LP Common Units representing limited partner interests 6.91%
47 RMP Rice Midstream Partners LP Common Units representing limited partner interests 6.63%
48 CQP Cheniere Energy Partners, LP Cheniere Energy Partners, LP Common Units 6.51%
49 WES Western Midstream Partners, LP Common Limited Partner Interests 6.46%
50 EQGP EQGP Holdings, LP Common Units representing limited partner interests 6.30%
51 OKS ONEOK Partners, L.P. 6.23%
52 ENLC EnLink Midstream, LLC Common Units representing Limited Partner Interests 5.97%
53 PTXP PennTex Midstream Partners, LP - Common Limited Partnership Interests 5.90%
54 DCP DCP Midstream, LP Common Units 5.77%
55 SGU Star Group L.P. 5.72%
56 ALDW Alon USA Partners, LP Common Units representing Limited Partner Interests 5.35%
57 WPZ Williams Partners, L.P. Common Limited Partner Interests 5.29%
58 VLP Valero Energy Partners LP Common Units representing limited partner interests 5.22%
59 NBLX Noble Midstream Partners LP Common Limited Partner Interests 4.93%
60 GPP Green Plains Partners LP - Common Units 3.66%
61 BWP Boardwalk Pipeline Partners LP Common Units 3.32%
62 CCLP CSI Compressco LP - common units 2.74%
63 SDLP Seadrill Partners LLC Common Limited Liability Company Interests 2.63%
64 BPT BP Prudhoe Bay Royalty Trust 2.41%
65 TRGP Targa Resources, Inc. 0.90%
66 MMLP Martin Midstream Partners L.P. - Common Limited Partnership Interests 0.62%
67 CLMT Calumet Specialty Products Partners, L.P. - Common units representing limited partner interests 0.00%
68 SND Smart Sand, Inc. 0.00%
69 TGE Tallgrass Energy, LP Class A Shares 0.00%
70 FGP Ferrellgas Partners, L.P. 0.00%
71 NSH Nustar GP Holdings, LLC Units 0.00%
72 MCEP Mid-Con Energy Partners, LP - Common Units 0.00%
73 SMLP Summit Midstream Partners, LP Common Limited Partner Interests 0.00%
74 EVEP EV Energy Partners, L.P. - common units representing limited partnership interest 0.00%
75 SNMP Sanchez Midstream Partners LP 0.00%
76 EMES Emerge Energy Services LP Common Units representing Limited Partner Interests 0.00%
77 BTE Baytex Energy Corp 0.00%
78 VNR Vanguard Natural Res 0.00%
79 NGL NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests 0.00%
80 LGCY Legacy Reserves Inc. 0.00%

Looking for More Information on MMP dividends?

Want to see what other sources are saying about Magellan Midstream Partners LP's dividends? Try the links below:

Magellan Midstream Partners LP Common Stock (MMP) Dividend History | Nasdaq
Dividend History for Magellan Midstream Partners LP (MMP) - Dividend Investor
Magellan Midstream Partners LP (MMP) Dividend History - Seeking Alpha

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