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

Magellan Midstream Partners L.P. Limited Partnership (MMP): $48.18

0.42 (+0.88%)

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:
$48.18$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 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 CNXM CNX Midstream Partners LP Common Units representing limited partner interests 21.83%
3 BPT BP Prudhoe Bay Royalty Trust 20.57%
4 GPP Green Plains Partners LP 14.66%
5 NDRO Enduro Royalty Trust Trust Units representing beneficial interest in the trust 14.59%
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 DMLP Dorchester Minerals L.P. 12.36%
10 USAC USA Compression Partners L.P. 12.17%
11 BSM Black Stone Minerals, L.P 11.24%
12 NS Nustar Energy L.P. Common Units 11.09%
13 CEQP Crestwood Equity Partners LP 10.69%
14 ARCX Arc Logistic Partners LP Common Units representing limited partner interest 10.68%
15 ETP Energy Transfer Partners, L.P. Common Units representing limited partner interests 10.38%
16 CAPL CrossAmerica Partners L.P. 10.17%
17 GLP Global Partners LP 10.08%
18 VNOM Viper Energy Partners LP - Common Unit 9.82%
19 AM Antero Midstream Corporation 9.73%
20 MPLX MPLX L.P. 9.51%
21 OMP Oasis Midstream Partners LP 9.39%
22 ENBL Enable Midstream Partners LP 9.36%
23 SRLP Sprague Resources LP Common Units representing Limited Partner Interests 9.16%
24 SUN Sunoco L.P. 8.76%
25 HEP Holly Energy Partners, L.P. 8.69%
26 TEP Tallgrass Energy Partners, LP Common Units representing limited partner interests 8.67%
27 SEP Spectra Energy Partners, LP Common Units representing Limited Partner Interests 8.67%
28 TCP TC PipeLines, LP Common Units representing Limited Partner Interests 8.61%
29 MMP Magellan Midstream Partners L.P. Limited Partnership 8.61%
30 PAA Plains All American Pipeline L.P. 8.61%
31 SHLX Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests 8.42%
32 PSXP Phillips 66 Partners LP 8.33%
33 PAGP Plains Group Holdings, L.P. Class A Shares representing limited partner interests 8.26%
34 WES Western Midstream Partners L.P. 8.16%
35 BPMP BP Midstream Partners LP Common Units representing Limited Partner Interests 8.12%
36 TLP TransMontaigne Partners L.P. Transmontaigne Partners L.P. Common Units representing limited partner interests 7.86%
37 DKL Delek Logistics Partners L.P. 7.80%
38 WNRL Western Refining Logistics, LP Common Units representing limited partner interests 7.70%
39 PBFX PBF Logistics LP Common Units representing limited partner interests 7.70%
40 APLP Archrock Partners, L.P. - Common Units representing Limited Partner Interests 7.65%
41 EPD Enterprise Products Partners L.P. 7.55%
42 WGP Western Gas Equity Partners, LP Common Limited Partner Interests 7.37%
43 BPL Buckeye Partners L.P. 7.24%
44 EQM EQM Midstream Partners, LP Common Units representing Limited Partner Interests 7.23%
45 GEL Genesis Energy, L.P. Common Units 7.17%
46 ETE Energy Transfer Equity, L.P. Energy Transfer Equity, L.P. Common Units representing Limited Partnership interests 7.14%
47 CQH Cheniere Energy Partners LP Holdings, LLC 7.07%
48 CQP Cheniere Energy Partners, LP Cheniere Energy Partners, LP Common Units 7.03%
49 WPT World Point Terminals, LP Common Units representing Limited Partner Interests 6.94%
50 VTTI VTTI Energy Partners LP Common Units representing limited partner interests 6.91%
51 RMP Rice Midstream Partners LP Common Units representing limited partner interests 6.63%
52 SGU Star Group L.P. 6.50%
53 EQGP EQGP Holdings, LP Common Units representing limited partner interests 6.30%
54 OKS ONEOK Partners, L.P. 6.23%
55 PTXP PennTex Midstream Partners, LP - Common Limited Partnership Interests 5.90%
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 DCP DCP Midstream, LP Common Units 5.25%
59 VLP Valero Energy Partners LP Common Units representing limited partner interests 5.22%
60 ENLC EnLink Midstream LLC 5.10%
61 NBLX Noble Midstream Partners LP Common Limited Partner Interests 4.93%
62 BWP Boardwalk Pipeline Partners LP Common Units 3.32%
63 CCLP CSI Compressco LP - common units 2.98%
64 SDLP Seadrill Partners LLC Common Limited Liability Company Interests 2.63%
65 TRGP Targa Resources, Inc. 2.30%
66 MMLP Martin Midstream Partners L.P. 0.50%
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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