MMP Magellan Midstream Partners L.P.

  • STOCK
  • MMP
  • Price as of: Dec 18, 10:30 PM EST
  • $80.63
  • +$1.30
  • +1.6%
  • Industry
  • Oil & gas pipelines
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MMP Stock Dividend Data

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  • Dividend Yield
    3.31% Basic Materials Average 4.85%
  • Annual Payout
    $2.67 Paid Quarterly
  • Payout Ratio
    76.3% EPS $3.50
  • Dividend Growth
    4 yrs Since 2010
  • Get MMP DARS™ Rating
DARS Rating™ Breakdown

Dividend.com DARS Rating™ Breakdown for MMP

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Metric MMP Rank MMP Avg Ranking Notes
Relative Strength Sign Up For Ticker Ranking Sign Up For Sector Ranking Stock is performing in-line with the market or better.
Overall Yield Attractiveness Sign Up For Ticker Ranking Sign Up For Sector Ranking Stock's dividend yield is above average.
Dividend Reliability Sign Up For Ticker Ranking Sign Up For Sector Ranking This rating is related to the length and consistency of a company's dividend payouts, as well as our opinion on how likely the company is to continue payouts in the future.
Dividend Uptrend Sign Up For Ticker Ranking Sign Up For Sector Ranking Dividend payouts are consistent, but increases small.
Earnings Growth Sign Up For Ticker Ranking Sign Up For Sector Ranking Earnings estimates are uptrending.
DARS Rating Sign Up For Ticker Ranking Sign Up For Sector Ranking Sign Up For DARS Ratings
Growth History

MMP Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal More Dividend Growth History for MMP 13.0% 17.6% 4 years
Reveal More Dividend Growth History for MMP
Historical Annual Dividend Data & Growth

MMP Historical Annual Dividend Data & Growth

Payout Amount Calendar Year Annual Growth
$2.0975 2013 17.6%
$1.7838 2012 14.6%
Historical Dividend Data

MMP Dividend History

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.6675 2014-10-22 2014-11-05 2014-11-07 2014-11-14 Unknown Regular Quarter
$0.6400 2014-07-24 2014-07-31 2014-08-04 2014-08-14 Unknown Regular Quarter
$0.6125 2014-04-24 2014-05-06 2014-05-08 2014-05-15 Unknown Regular Quarter
$0.5850 2014-01-28 2014-02-05 2014-02-07 2014-02-14 Unknown Regular Quarter
$0.5575 2013-10-24 2013-11-05 2013-11-07 2013-11-14 Unknown Regular Quarter
$0.5325 2013-07-25 2013-08-05 2013-08-07 2013-08-14 Unknown Regular Quarter
$0.5075 2013-04-25 2013-05-06 2013-05-08 2013-05-15 Unknown Regular Quarter
$0.5000 2013-01-22 2013-02-04 2013-02-06 2013-02-14 Unknown Regular Quarter
$0.4850 2012-10-24 2012-11-02 2012-11-06 2012-11-14 Unknown Regular Quarter
2-for-1 2012-08-30 2012-10-15 2012-09-28 2012-10-12 NM Stock Split NM
$0.4713 2012-07-26 2012-08-03 2012-08-07 2012-08-14 Unknown Regular Quarter
$0.4200 2012-04-24 2012-05-04 2012-05-08 2012-05-15 Unknown Regular Quarter
$0.4075 2012-01-26 2012-02-03 2012-02-07 2012-02-14 Non-Qualified Regular Quarter
$0.4000 2011-10-18 2011-10-28 2011-11-01 2011-11-14 Non-Qualified Regular Quarter
$0.3925 2011-07-21 2011-08-02 2011-08-04 2011-08-12 Non-Qualified Regular Quarter
$0.3850 2011-04-27 2011-05-05 2011-05-09 2011-05-13 Non-Qualified Regular Quarter
$0.3788 2011-01-27 2011-02-03 2011-02-07 2011-02-14 Non-Qualified Regular Quarter
$0.3725 2010-10-20 2010-11-03 2010-11-05 2010-11-12 Non-Qualified Regular Quarter
$0.3663 2010-07-22 2010-08-04 2010-08-06 2010-08-13 Non-Qualified Regular Quarter
$0.3600 2010-04-21 2010-05-05 2010-05-07 2010-05-14 Non-Qualified Regular Quarter
$0.3550 2010-01-21 2010-01-29 2010-02-02 2010-02-12 Non-Qualified Regular Quarter
$0.3550 2009-10-21 2009-11-04 2009-11-06 2009-11-13 Non-Qualified Regular Quarter
$0.3550 2009-07-27 2009-08-05 2009-08-07 2009-08-14 Non-Qualified Regular Quarter
$0.3550 2009-04-23 2009-05-01 2009-05-05 2009-05-15 Non-Qualified Regular Quarter
$0.3550 2009-01-23 2009-02-04 2009-02-06 2009-02-13 Non-Qualified Regular Quarter
$0.3513 2008-10-22 2008-11-05 2008-11-07 2008-11-14 Non-Qualified Regular Quarter
$0.3438 2008-07-17 2008-08-04 2008-08-06 2008-08-14 Non-Qualified Regular Quarter
$0.3363 2008-04-24 2008-05-02 2008-05-06 2008-05-15 Non-Qualified Regular Quarter
$0.3288 2008-01-25 2008-02-04 2008-02-06 2008-02-14 Non-Qualified Regular Quarter
$0.3219 2007-10-19 2007-10-30 2007-11-01 2007-11-14 Non-Qualified Regular Quarter
$0.3150 2007-07-27 2007-08-02 2007-08-06 2007-08-14 Non-Qualified Regular Quarter
$0.3081 2007-04-26 2007-05-04 2007-05-08 2007-05-15 Non-Qualified Regular Quarter
$0.3013 2007-01-26 2007-02-01 2007-02-05 2007-02-14 Non-Qualified Regular Quarter
$0.2950 2006-10-27 2006-11-03 2006-11-07 2006-11-14 Non-Qualified Regular Quarter
$0.2888 2006-07-20 2006-08-02 2006-08-04 2006-08-14 Non-Qualified Regular Quarter
$0.2825 2006-04-26 2006-05-04 2006-05-08 2006-05-15 Non-Qualified Regular Quarter
$0.2763 2006-01-18 2006-01-26 2006-01-30 2006-02-14 Non-Qualified Regular Quarter
$0.2656 2005-10-20 2005-10-31 2005-11-02 2005-11-14 Non-Qualified Regular Quarter
$0.2488 2005-07-21 2005-08-01 2005-08-03 2005-08-12 Non-Qualified Regular Quarter
$0.1200 2005-04-21 2005-05-03 2005-05-05 2005-05-13 Non-Qualified Regular Quarter
2-for-1 2005-03-14 2005-04-13 2005-04-05 2005-04-12 NM Stock Split NM
$0.2281 2005-01-26 2005-02-04 2005-02-08 2005-02-14 Non-Qualified Regular Quarter
$0.2225 2004-10-20 2004-10-29 2004-11-02 2004-11-12 Non-Qualified Regular Quarter
$0.2175 2004-07-22 2004-07-30 2004-08-03 2004-08-13 Non-Qualified Regular Quarter
$0.2125 2004-04-22 2004-04-29 2004-05-03 2004-05-14 Non-Qualified Regular Quarter
$0.2075 2004-01-27 2004-02-04 2004-02-06 2004-02-13 Non-Qualified Regular Quarter
$0.2025 2003-10-24 2003-10-30 2003-11-03 2003-11-14 Non-Qualified Regular Quarter
$0.1950 2003-07-22 2003-07-30 2003-08-01 2003-08-14 Non-Qualified Regular Quarter
$0.1875 2003-04-23 2003-05-01 2003-05-05 2003-05-15 Non-Qualified Regular Quarter
$0.1813 2003-01-21 2003-01-29 2003-01-31 2003-02-14 Non-Qualified Regular Quarter
$0.1750 2002-10-24 2002-10-31 2002-11-04 2002-11-14 Unknown Regular Quarter
$0.1688 2002-07-24 2002-08-01 2002-08-05 2002-08-14 Unknown Regular Quarter
$0.1531 2002-04-23 2002-04-30 2002-05-02 2002-05-15 Unknown Regular Quarter
$0.1475 2002-01-23 2002-01-30 2002-02-01 2002-02-14 Unknown Regular Quarter
$0.1444 2001-10-22 2001-10-30 2001-11-01 2001-11-14 Unknown Regular Quarter
$0.1406 2001-07-24 2001-07-31 2001-08-02 2001-08-14 Unknown Regular Quarter
$0.0730 2001-04-20 2001-04-27 2001-05-01 2001-05-15 Unknown Regular Quarter
Company Profile

MMP Company Profile

Exchange: NYSE
Sector: Basic Materials

Magellan Midstream Partners (MMP) engages in the transportation, storage and distribution of refined petroleum products. The Company operates in three segments, petroleum pipeline system, petroleum terminals and ammonia pipeline system. MMP's petroleum pipeline system consists of approximately 9,600 miles of pipeline and 50 terminals. The company was founded in 2000, and is based in Tulsa, OK.

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News

Magellan Midstream Partners L.P. News

  • Before Tuesday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
  • Before the opening bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
  • Before the opening bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Magellan Midstream Q2 Profit Rises on Lower Revenues; Adjusted EPS Tops Views, But Revenues Miss (MMP)

    Petroleum products pipeline operator Magellan Midstream Partners, L.P. (MMP) reported early on Thursday that its second quarter net income rose 11% year-over-year, despite a slight dip in revenues. While earnings topped Wall Street estimates, revenues came up short of expectations. The Tulsa, Oklahoma-based company posted a second quarter net income of $153.64 million, or 68 cents per share, up from the $137.82 million, or 61 cents per share, earned in the same period a year ago. On an adjusted basis, the company's income came in at 65 cents per share for the quarter, 25% higher than last year's income of 52 cents per share. According to analysts, the company was expected to earn an adjusted 53 cents per share in the quarter. Magellan Midstream's second quarter revenues came in at $443.91 million, down from $449.53 million posted in the same period in 2012. Analysts were expecting the company to see revenues of $461.9 million in the quarter. "Magellan continues to generate stronger-than-expected financial results for 2013 driven by our solid fee-based transportation and terminals business and a favorable pricing environment for our commodity-related activities," said Michael Mears, chief executive officer. "In addition to strong financial performance, Magellan successfully commissioned two significant industry projects during the second quarter of 2013 -- start-up of our Longhorn pipeline with initial crude oil deliveries to the Houston Gulf Coast refining region and beginning condensate deliveries to the Corpus Christi petrochemical market via our Double Eagle pipeline joint venture." Magellan Midstream Partners shares were up $1.10, or 2.01%, during morning trading on Thursday. The stock is up 29.15% year-to-date. The Bottom Line Shares of Magellan Midstream Partners (MMP) offer a dividend yield of 3.90% based on last night's closing price of $54.68 and the company's annualized dividend payout of $2.13 per share. Magellan Midstream Partners, L.P. (MMP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
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