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Magellan Midstream Partners Stock

Magellan Midstream Partners Dividend 2024

Magellan Midstream Partners Dividend

3.39 USD

Magellan Midstream Partners Dividend yield

6.03 %

Ticker

MMP

ISIN

US5590801065

How much dividend does Magellan Midstream Partners 2024 pay?

According to the latest status from July 2024, Magellan Midstream Partners paid a total of 3.39 USD per share in dividends within the last 12 months. With the current Magellan Midstream Partners price of 69 USD, this corresponds to a dividend yield of 4.92 %. A dividend is paid 4 times per year.

6.03 % Dividend Yield=
4.16 USD Dividend
69 USD Stock Price

Historical Magellan Midstream Partners Dividends

A dividend is paid 4 times per year. Last year, the payout months were March, June, September and October.

PaydateDividend
10/20/20230.25
9/4/20231.05
6/5/20231.05
3/6/20231.05
12/4/20221.05
9/4/20221.04
5/29/20221.04
3/4/20221.04
12/4/20211.04
9/5/20211.03
6/6/20211.03
3/4/20211.03
12/5/20201.03
9/6/20201.03
6/7/20201.03
3/6/20201.03
12/6/20191.02
9/6/20191.01
6/7/20191.01
3/6/20191
1
2
3
4
...
5

Magellan Midstream Partners dividend history and estimates

In 2023, Magellan Midstream Partners paid a dividend amounting to 3.39 USD. Dividend means that Magellan Midstream Partners distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Magellan Midstream Partners provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Magellan Midstream Partners’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Magellan Midstream Partners's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Magellan Midstream Partners Dividend History

DateMagellan Midstream Partners Dividend
2027e4.38 undefined
2026e4.34 undefined
2025e4.4 undefined
2024e4.39 undefined
2023e4.24 undefined
20224.16 undefined
20214.12 undefined
20204.11 undefined
20194.04 undefined
20183.79 undefined
20173.52 undefined
20163.24 undefined
20152.92 undefined
20142.51 undefined
20132.1 undefined
20121.78 undefined
20111.56 undefined
20101.45 undefined
20091.42 undefined
20081.36 undefined
20071.25 undefined
20061.14 undefined
20050.98 undefined
20040.86 undefined
20030.77 undefined

Is the Magellan Midstream Partners Dividend Safe?

Magellan Midstream Partners has been increasing the dividend for 22 years.

Over the past 10 years, Magellan Midstream Partners has increased it by an annual 8.837 %.

Over a five-year period, the distribution increased by 3.383%.

Analysts expect a Dividend Increase of 1.007% for the current fiscal year.

Magellan Midstream Partners dividend payout ratio

In 2023, Magellan Midstream Partners had a payout ratio of 96.71%. The payout ratio indicates the percentage of the company's profits that Magellan Midstream Partners distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Magellan Midstream Partners represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Magellan Midstream Partners could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Magellan Midstream Partners's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Magellan Midstream Partners Payout Ratio History

DateMagellan Midstream Partners Payout ratio
2027e91.53 %
2026e92.83 %
2025e90.67 %
2024e91.1 %
2023e96.71 %
202284.21 %
202192.38 %
2020113.54 %
201990.47 %
201864.94 %
201792.45 %
201692.19 %
201581.2 %
201467.89 %
201381.93 %
201292.91 %
201185.04 %
2010102.38 %
2009127.93 %
2008122.54 %
2007159.78 %
2006101.12 %
200596.32 %
2004100 %
200392.33 %

Dividend Details

Understanding Magellan Midstream Partners's Dividend Distributions

Magellan Midstream Partners’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Magellan Midstream Partners's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Magellan Midstream Partners's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Magellan Midstream Partners’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Magellan Midstream Partners Aktienanalyse

What does Magellan Midstream Partners do?

Magellan Midstream Partners LP is a US-based company specializing in the transportation, processing, and storage of petroleum products. Founded in 2003, the company is headquartered in Tulsa, Oklahoma. Its business model is based on three pillars: transportation, processing, and storage. The company offers various services to its customers, ranging from crude oil delivery to the distribution of petroleum products to gas stations. It has pipelines and terminals spanning over 11,000 miles for reliable and efficient supply of petroleum products. The company's processing division includes refineries and gas-processing facilities, while its storage division comprises terminals located throughout the US. Magellan Midstream Partners LP also operates a fleet of ships for transporting and delivering petroleum products. Overall, the company specializes in providing a reliable and efficient system for the supply of petroleum products to various industries. Magellan Midstream Partners is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Magellan Midstream Partners stock

How much dividend does Magellan Midstream Partners pay?

Over the past 12 months, Magellan Midstream Partners paid a dividend of 4.16 USD . This corresponds to a dividend yield of about 6.03 %. For the coming 12 months, Magellan Midstream Partners is expected to pay a dividend of 4.4 USD.

What is the dividend yield of Magellan Midstream Partners?

The current dividend yield of Magellan Midstream Partners is 6.03 %.

When does Magellan Midstream Partners pay dividends?

Magellan Midstream Partners pays a quarterly dividend. This is distributed in the months of March, June, September, October.

How secure is the dividend of Magellan Midstream Partners?

Magellan Midstream Partners paid dividends every year for the past 25 years.

What is the dividend of Magellan Midstream Partners?

For the upcoming 12 months, dividends amounting to 4.4 USD are expected. This corresponds to a dividend yield of 6.37 %.

In which sector is Magellan Midstream Partners located?

Magellan Midstream Partners is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Magellan Midstream Partners kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Magellan Midstream Partners from 9/25/2023 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/20/2023.

When did Magellan Midstream Partners pay the last dividend?

The last dividend was paid out on 9/25/2023.

What was the dividend of Magellan Midstream Partners in the year 2023?

In the year 2023, Magellan Midstream Partners distributed 4.16 USD as dividends.

In which currency does Magellan Midstream Partners pay out the dividend?

The dividends of Magellan Midstream Partners are distributed in USD.

Andere Kennzahlen von Magellan Midstream Partners

Our stock analysis for Magellan Midstream Partners Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Magellan Midstream Partners Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.