Magellan Midstream Partners L.P. Limited Partnership (MMP) Dividends
Magellan Midstream Partners L.P. Limited Partnership (MMP)
Today's Latest Price: $45.84 USD
Updated Jan 22 7:00pm
Add MMP to WatchlistSign Up
POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 44 in MLPs - Oil & Gas
See all "A" rated Strong Buy stocks
Dividend Yield and Dividend History Highlights
- MMP has issued more total dividends (as measured in absolute US dollars) over the past six years than 89.82% of other US stocks currently paying dividends.
- In terms of absolute dollars distributed to common shareholders over the past 12 months, MMP has returned $930,235,000 US dollars, more than 87.26% of US dividend issuers.
- As for stocks whose price is uncorrelated with MMP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: AUOTY, EPRT, DLNG, MRVL and DKL.
MMP Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $45.84 | $110.87 | 147.97% |
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, as implemented by StockNews, implies a positive return of 147.97% relative 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's dividend yield of 9.29% is in the top 4.22%.
- In terms of opportunity, MMP's provides a return of 147.97% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 90.78% of all stocks we measured with our dividend discount model.
- As other dividend issuers in the Energy sector, Magellan Midstream Partners LP has an equity discount rate lower than 84.55% of them.
MMP Dividend Chart
MMP Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
MMP Dividends vs. Peers
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