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

Magellan Midstream Partners L.P. Limited Partnership (MMP): $48.69

0.50 (+1.04%)

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
8.61%
MMP Annual Dividend
$4.15
MMP Payout Ratio

MMP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$48.69$469.22 887.63%

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. In the case of MMP, the dividend discount model StockNews created for the company implies a positive return of 887.63%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Magellan Midstream Partners LP are:

  • In comparison to stocks we observe that provide shareholders with a dividend, Magellan Midstream Partners LP's dividend yield of 8.74% is in the top 5.2%.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Energy sector, Magellan Midstream Partners LP's expected return of 887.63% is higher than 98.15% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, MMP has a discount rate lower than 98.15% of them (a lower discount rate is associated with lower risk).
  • In comparison to its fellow dividend issuing stocks in the Energy sector, Magellan Midstream Partners LP has an equity discount rate lower than 98.15% 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 #29 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 BPT BP Prudhoe Bay Royalty Trust 32.22%
3 CNXM CNX Midstream Partners LP Common Units representing limited partner interests 21.83%
4 NDRO Enduro Royalty Trust Trust Units representing beneficial interest in the trust 14.59%
5 EEP Enbridge Energy, L.P. Common Units 13.63%
6 USAC USA Compression Partners, LP Common Limited Partner Interests 13.20%
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 GPP Green Plains Partners LP - Common Units 11.49%
10 ARCX Arc Logistic Partners LP Common Units representing limited partner interest 10.68%
11 ETP Energy Transfer Partners, L.P. Common Units representing limited partner interests 10.38%
12 SRLP Sprague Resources LP Common Units representing Limited Partner Interests 10.19%
13 NS Nustar Energy L.P. Common Units 9.89%
14 CAPL CrossAmerica Partners L.P. 9.57%
15 PBFX PBF Logistics LP Common Units representing limited partner interests 9.54%
16 AM Antero Midstream Corporation 9.42%
17 ENBL Enable Midstream Partners LP 9.36%
18 SHLX Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests 9.34%
19 BSM Black Stone Minerals, L.P. Common units representing limited partner interests 9.07%
20 OMP Oasis Midstream Partners LP 8.96%
21 MPLX MPLX LP Common Limited Partner Interests 8.84%
22 GLP Global Partners LP Global Partners LP Common Units representing Limited Partner Interests 8.78%
23 TEP Tallgrass Energy Partners, LP Common Units representing limited partner interests 8.67%
24 SEP Spectra Energy Partners, LP Common Units representing Limited Partner Interests 8.67%
25 CEQP Crestwood Equity Partners LP 8.65%
26 DMLP Dorchester Minerals, L.P. - Common Limited Partnership Interests 8.64%
27 DKL Delek Logistics Partners L.P. 8.62%
28 TCP TC PipeLines, LP Common Units representing Limited Partner Interests 8.61%
29 MMP Magellan Midstream Partners L.P. Limited Partnership 8.56%
30 PSXP Phillips 66 Partners LP 8.18%
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. 7.70%
33 WNRL Western Refining Logistics, LP Common Units representing limited partner interests 7.70%
34 BPMP BP Midstream Partners LP Common Units representing Limited Partner Interests 7.66%
35 APLP Archrock Partners, L.P. - Common Units representing Limited Partner Interests 7.65%
36 SUN Sunoco L.P. 7.52%
37 WGP Western Gas Equity Partners, LP Common Limited Partner Interests 7.37%
38 EPD Enterprise Products Partners L.P. 7.36%
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 VTTI VTTI Energy Partners LP Common Units representing limited partner interests 6.91%
45 PAA Plains All American Pipeline L.P. 6.77%
46 RMP Rice Midstream Partners LP Common Units representing limited partner interests 6.63%
47 EQGP EQGP Holdings, LP Common Units representing limited partner interests 6.30%
48 PAGP Plains Group Holdings, L.P. Class A Shares representing limited partner interests 6.25%
49 OKS ONEOK Partners, L.P. 6.23%
50 PTXP PennTex Midstream Partners, LP - Common Limited Partnership Interests 5.90%
51 DCP DCP Midstream, LP Common Units 5.75%
52 CQP Cheniere Energy Partners, LP Cheniere Energy Partners, LP Common Units 5.69%
53 GEL Genesis Energy, L.P. Common Units 5.68%
54 VNOM Viper Energy Partners LP - Common Unit 5.63%
55 SGU Star Group L.P. 5.50%
56 WES Western Midstream Partners L.P. 5.43%
57 ALDW Alon USA Partners, LP Common Units representing Limited Partner Interests 5.35%
58 WPZ Williams Partners, L.P. Common Limited Partner Interests 5.29%
59 VLP Valero Energy Partners LP Common Units representing limited partner interests 5.22%
60 NBLX Noble Midstream Partners LP Common Limited Partner Interests 4.93%
61 ENLC EnLink Midstream, LLC Common Units representing Limited Partner Interests 4.81%
62 BWP Boardwalk Pipeline Partners LP Common Units 3.32%
63 CCLP CSI Compressco LP - common units 2.70%
64 SDLP Seadrill Partners LLC Common Limited Liability Company Interests 2.63%
65 TRGP Targa Resources, Inc. 0.70%
66 MMLP Martin Midstream Partners L.P. 0.66%
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 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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