Magellan Midstream Partners L.P. Limited Partnership (MMP) Dividends
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 Price Forecast Based on Dividend Discount Model
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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
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MMP Dividends vs. Peers
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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