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

Magellan Midstream Partners L.P. Limited Partnership (MMP): $69.00

0.46 (+0.67%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

B

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Industry: MLPs - Oil & Gas

Industry

A

Ranked

#18 of 29

in industry

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
6.07%
MMP Annual Dividend
$4.19
MMP Payout Ratio

MMP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$69.00$1381.94 2694.05%

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. As for MMP, the DDM model, as implemented by StockNews, implies a positive return of 2694.05% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Magellan Midstream Partners LP are:

  • MMP's market cap is about 11 billion US dollars -- this puts the stock in the large-sized market cap class, and its dividend yield is greater than 98.63% of dividend yielding stocks in the same market cap class.
  • Regarding its relative worth based on the dividend discount model, Magellan Midstream Partners LP's estimated return of 2694.05% surpasses about 96.35% of dividend issuers we applied the dividend discount model to.


MMP Dividend History

Ex-Dividend Date Type Payout Amount Change
2023-09-20Dividend$0.25-76.43%
2023-08-04Dividend$1.05--
2023-05-05Dividend$1.05--
2023-02-06Dividend$1.05--
2022-11-04Dividend$1.05+0.96%
2022-08-04Dividend$1.04--
2022-04-29Dividend$1.04--
2022-02-04Dividend$1.04--
2021-11-04Dividend$1.04+0.97%
2021-08-05Dividend$1.03--
2021-05-06Dividend$1.03--
2021-02-04Dividend$1.03--
2020-11-05Dividend$1.03--
2020-08-06Dividend$1.03--
2020-05-07Dividend$1.03--
2020-02-06Dividend$1.03+0.78%
2019-11-06Dividend$1.02+0.69%
2019-08-06Dividend$1.01+0.80%
2019-05-07Dividend$1.01+0.70%
2019-02-06Dividend$1.00+2.04%
2018-11-06Dividend$0.98+2.19%
2018-08-06Dividend$0.96+2.03%
2018-05-07Dividend$0.94+1.96%
2018-02-05Dividend$0.92+1.66%
2017-11-01Dividend$0.91+1.69%
2017-07-27Dividend$0.89+1.95%
2017-04-27Dividend$0.87+2.11%
2017-02-01Dividend$0.86+2.15%
2016-10-27Dividend$0.84+2.07%
2016-07-28Dividend$0.82+2.12%
2016-04-28Dividend$0.80+2.29%
2016-02-03Dividend$0.79+3.02%
2015-10-29Dividend$0.76+2.97%
2015-08-05Dividend$0.74+3.14%
2015-04-30Dividend$0.72+3.24%
2015-02-04Dividend$0.70+4.12%
2014-11-05Dividend$0.67+4.30%
2014-07-31Dividend$0.64+4.49%
2014-05-06Dividend$0.61+4.70%
2014-02-05Dividend$0.59+4.93%
2013-11-05Dividend$0.56+4.69%
2013-08-05Dividend$0.53+4.93%
2013-05-06Dividend$0.51+1.50%
2013-02-04Dividend$0.50+3.09%
2012-11-02Dividend$0.49+4.26%
2012-10-15Split2-1-for-1 Stock SplitN/A
2012-08-03Dividend$0.94+12.20%
2012-05-04Dividend$0.84+3.07%
2012-02-03Dividend$0.82+1.87%
2011-10-28Dividend$0.80+1.91%
2011-08-02Dividend$0.79+1.95%
2011-05-05Dividend$0.77+1.65%
2011-02-03Dividend$0.76+1.68%
2010-11-03Dividend$0.75+1.71%
2010-08-04Dividend$0.73+1.74%
2010-05-05Dividend$0.72+1.41%
2010-01-29Dividend$0.71--
2009-11-04Dividend$0.71--
2009-08-05Dividend$0.71--
2009-05-01Dividend$0.71--
2009-02-04Dividend$0.71+1.07%
2008-11-05Dividend$0.70+2.18%
2008-08-04Dividend$0.69+2.23%
2008-05-02Dividend$0.67+2.28%
2008-02-04Dividend$0.66+2.13%
2007-10-30Dividend$0.64+2.19%
2007-08-02Dividend$0.63+2.24%
2007-05-04Dividend$0.62+2.27%
2007-02-01Dividend$0.60+2.12%
2006-11-03Dividend$0.59+2.16%
2006-08-02Dividend$0.58+2.21%
2006-05-04Dividend$0.57+2.26%
2006-01-26Dividend$0.55+3.99%
2005-10-31Dividend$0.53+6.79%
2005-08-01Dividend$0.50+3.65%
2005-05-03Dividend$0.48+5.49%
2005-04-13Split2-1-for-1 Stock SplitN/A
2005-02-04Dividend$0.91+2.53%
2004-10-29Dividend$0.89+2.30%
2004-07-30Dividend$0.87+2.35%
2004-04-29Dividend$0.85+2.41%
2004-02-04Dividend$0.83+2.47%
2003-10-30Dividend$0.81+3.85%
2003-07-30Dividend$0.78+4.00%
2003-05-01Dividend$0.75+3.45%
2003-01-29Dividend$0.73+3.57%
2002-10-31Dividend$0.70+3.70%
2002-08-01Dividend$0.68+10.20%
2002-04-30Dividend$0.61+3.81%
2002-01-30Dividend$0.59+2.16%
2001-10-30Dividend$0.58+2.67%
2001-07-31Dividend$0.56+92.64%
2001-04-27Dividend$0.29--


MMP Dividends vs. Peers

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