MMP
Magellan Midstream Partners, L.P.Magellan Midstream Partners, L.P. (MMP) is an energy infrastructure firm primarily engaged in the logistics of refined petroleum products and crude oil throughout the United States. The company's operations are divided into two principal business units: Refined Products and Crude Oil. Its Refined Products segment oversees an extensive pipeline system for transporting a variety of fuels, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. This network serves a broad spectrum of clients, from wholesalers, retailers, and traders to major transportation providers like railroads and airlines, as well as local farm cooperatives. These products ultimately reach diverse end-markets such as retail gasoline stations, truck stops, agricultural cooperatives, railway fueling depots, military bases, and commercial airports. In addition to transport, this segment offers critical services like pipeline capacity, tank storage, terminalling, specialized handling for ethanol and biodiesel (unloading and loading), additive injection, custom blending, laboratory analysis, and data services. Separately, the Crude Oil segment owns and manages a network of crude oil pipelines and storage facilities. This division also operates marine terminals situated along coastal areas, which provide comprehensive asset management solutions—from design and installation to construction, testing, ongoing operation, replacement, and overall administration—for refiners, marketers, and traders. As of December 31, 2021, MMP's infrastructure included a 9,800-mile refined products pipeline system featuring 54 associated terminals. Its crude oil assets comprised approximately 2,200 miles of pipelines and storage facilities with a total capacity of around 39 million barrels, in addition to two marine terminals. The company was founded in 2000 and has its corporate headquarters in Tulsa, Oklahoma.
Key Metrics
Current Yield
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The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
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The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
n/a
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
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Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
65
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
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The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
83.94%
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.Years Paid (history)
22
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Adjusted Price History
No price history available for MMP yet.
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.2474 M | Regular | Sep 11, 2023 | Sep 20, 2023 | Sep 21, 2023 | Sep 25, 2023 |
| $1.0475 Q | Regular | Jul 27, 2023 | Aug 04, 2023 | Aug 07, 2023 | Aug 14, 2023 |
| $1.0475 Q | Regular | Apr 27, 2023 | May 05, 2023 | May 08, 2023 | May 15, 2023 |
| $1.0480 Q | Regular | Jan 24, 2023 | Feb 06, 2023 | Feb 07, 2023 | Feb 14, 2023 |
| $1.0480 Q | Regular | Oct 20, 2022 | Nov 04, 2022 | Nov 07, 2022 | Nov 14, 2022 |
| $1.0380 Q | Regular | Jul 21, 2022 | Aug 04, 2022 | Aug 05, 2022 | Aug 12, 2022 |
| $1.0380 Q | Regular | Apr 21, 2022 | Apr 29, 2022 | May 02, 2022 | May 13, 2022 |
| $1.0375 Q | Regular | Jan 25, 2022 | Feb 04, 2022 | Feb 07, 2022 | Feb 14, 2022 |
| $1.0380 Q | Regular | Oct 20, 2021 | Nov 04, 2021 | Nov 05, 2021 | Nov 12, 2021 |
| $1.0280 Q | Regular | Jul 22, 2021 | Aug 05, 2021 | Aug 06, 2021 | Aug 13, 2021 |
| $1.0275 Q | Regular | Apr 22, 2021 | May 06, 2021 | May 07, 2021 | May 14, 2021 |
| $1.0275 Q | Regular | Jan 26, 2021 | Feb 04, 2021 | Feb 05, 2021 | Feb 12, 2021 |
| $1.0275 Q | Regular | Oct 22, 2020 | Nov 05, 2020 | Nov 06, 2020 | Nov 13, 2020 |
| $1.0275 Q | Regular | Jul 23, 2020 | Aug 06, 2020 | Aug 07, 2020 | Aug 14, 2020 |
| $1.0275 Q | Regular | Apr 23, 2020 | May 07, 2020 | May 08, 2020 | May 15, 2020 |
| $1.0275 Q | Regular | Jan 21, 2020 | Feb 06, 2020 | Feb 07, 2020 | Feb 14, 2020 |
| $1.0200 Q | Regular | Oct 24, 2019 | Nov 06, 2019 | Nov 07, 2019 | Nov 14, 2019 |
| $1.0125 Q | Regular | Jul 25, 2019 | Aug 06, 2019 | Aug 07, 2019 | Aug 14, 2019 |
| $1.0050 Q | Regular | Apr 25, 2019 | May 07, 2019 | May 08, 2019 | May 15, 2019 |
| $0.9975 Q | Regular | Jan 22, 2019 | Feb 06, 2019 | Feb 07, 2019 | Feb 14, 2019 |
| $0.9775 Q | Regular | Oct 25, 2018 | Nov 06, 2018 | Nov 07, 2018 | Nov 14, 2018 |
| $0.9575 Q | Regular | Jul 26, 2018 | Aug 06, 2018 | Aug 07, 2018 | Aug 14, 2018 |
| $0.9375 Q | Regular | Apr 26, 2018 | May 07, 2018 | May 08, 2018 | May 15, 2018 |
| $0.9200 Q | Regular | Jan 23, 2018 | Feb 05, 2018 | Feb 06, 2018 | Feb 14, 2018 |
| $0.9050 Q | Regular | Oct 19, 2017 | Nov 01, 2017 | Nov 02, 2017 | Nov 14, 2017 |
| $0.8900 Q | Regular | Jul 21, 2017 | Jul 27, 2017 | Jul 31, 2017 | Aug 14, 2017 |
| $0.8725 Q | Regular | Apr 20, 2017 | Apr 27, 2017 | May 01, 2017 | May 15, 2017 |
| $0.8550 Q | Regular | Jan 25, 2017 | Feb 01, 2017 | Feb 03, 2017 | Feb 14, 2017 |
| $0.8375 Q | Regular | Oct 20, 2016 | Oct 27, 2016 | Oct 31, 2016 | Nov 14, 2016 |
| $0.8200 Q | Regular | Jul 21, 2016 | Jul 28, 2016 | Aug 01, 2016 | Aug 12, 2016 |
| $0.8025 Q | Regular | Apr 21, 2016 | Apr 28, 2016 | May 02, 2016 | May 13, 2016 |
| $0.7850 Q | Regular | Jan 27, 2016 | Feb 03, 2016 | Feb 05, 2016 | Feb 12, 2016 |
| $0.7625 Q | Regular | Oct 22, 2015 | Oct 29, 2015 | Nov 02, 2015 | Nov 13, 2015 |
| $0.7400 Q | Regular | Jul 23, 2015 | Aug 05, 2015 | Aug 07, 2015 | Aug 14, 2015 |
| $0.7175 Q | Regular | Apr 23, 2015 | Apr 30, 2015 | May 04, 2015 | May 15, 2015 |
| $0.6950 Q | Regular | Jan 28, 2015 | Feb 04, 2015 | Feb 06, 2015 | Feb 13, 2015 |
| $0.6675 Q | Regular | Oct 24, 2014 | Nov 05, 2014 | Nov 07, 2014 | Nov 14, 2014 |
| $0.6400 Q | Regular | Jul 24, 2014 | Jul 31, 2014 | Aug 04, 2014 | Aug 14, 2014 |
| $0.6125 Q | Regular | Apr 24, 2014 | May 06, 2014 | May 08, 2014 | May 15, 2014 |
| $0.5850 Q | Regular | Jan 29, 2014 | Feb 05, 2014 | Feb 07, 2014 | Feb 14, 2014 |
| $0.5575 Q | Regular | Oct 24, 2013 | Nov 05, 2013 | Nov 07, 2013 | Nov 14, 2013 |
| $0.5325 Q | Regular | Jul 25, 2013 | Aug 05, 2013 | Aug 07, 2013 | Aug 14, 2013 |
| $0.5075 Q | Regular | Apr 29, 2013 | May 06, 2013 | May 08, 2013 | May 15, 2013 |
| $0.5000 Q | Regular | Jan 22, 2013 | Feb 04, 2013 | Feb 06, 2013 | Feb 14, 2013 |
| $0.4850 Q | Regular | Oct 24, 2012 | Nov 02, 2012 | Nov 06, 2012 | Nov 14, 2012 |
| $0.9425 Q | Regular | Jul 27, 2012 | Aug 03, 2012 | Aug 07, 2012 | Aug 14, 2012 |
| $0.8400 Q | Regular | Apr 24, 2012 | May 04, 2012 | May 08, 2012 | May 15, 2012 |
| $0.8150 Q | Regular | Jan 27, 2012 | Feb 03, 2012 | Feb 07, 2012 | Feb 14, 2012 |
| $0.8000 Q | Regular | Oct 19, 2011 | Oct 28, 2011 | Nov 01, 2011 | Nov 14, 2011 |
| $0.7850 Q | Regular | Jul 25, 2011 | Aug 02, 2011 | Aug 04, 2011 | Aug 12, 2011 |
| $0.7700 Q | Regular | Apr 28, 2011 | May 05, 2011 | May 09, 2011 | May 13, 2011 |
| $0.7575 Q | Regular | Jan 28, 2011 | Feb 03, 2011 | Feb 07, 2011 | Feb 14, 2011 |
| $0.7450 Q | Regular | Oct 21, 2010 | Nov 03, 2010 | Nov 05, 2010 | Nov 12, 2010 |
| $0.7325 Q | Regular | Jul 23, 2010 | Aug 04, 2010 | Aug 06, 2010 | Aug 13, 2010 |
| $0.7200 Q | Regular | Apr 22, 2010 | May 05, 2010 | May 07, 2010 | May 14, 2010 |
| $0.7100 Q | Regular | Jan 22, 2010 | Jan 29, 2010 | Feb 02, 2010 | Feb 12, 2010 |
| $0.7100 Q | Regular | Oct 22, 2009 | Nov 04, 2009 | Nov 06, 2009 | Nov 13, 2009 |
| $0.7100 Q | Regular | Jul 28, 2009 | Aug 05, 2009 | Aug 07, 2009 | Aug 14, 2009 |
| $0.7100 Q | Regular | Apr 23, 2009 | May 01, 2009 | May 05, 2009 | May 15, 2009 |
| $0.7100 Q | Regular | Jan 23, 2009 | Feb 04, 2009 | Feb 06, 2009 | Feb 13, 2009 |
| $0.7025 Q | Regular | Oct 09, 2008 | Nov 05, 2008 | Nov 07, 2008 | Nov 14, 2008 |
| $0.6875 Q | Regular | Jul 17, 2008 | Aug 04, 2008 | Aug 06, 2008 | Aug 14, 2008 |
| $0.6725 Q | Regular | Apr 24, 2008 | May 02, 2008 | May 06, 2008 | May 15, 2008 |
| $0.6575 Q | Regular | Jan 25, 2008 | Feb 04, 2008 | Feb 06, 2008 | Feb 14, 2008 |
| $0.6438 Q | Regular | Oct 19, 2007 | Oct 30, 2007 | Nov 01, 2007 | Nov 14, 2007 |
| $0.6300 Q | Regular | Jul 27, 2007 | Aug 02, 2007 | Aug 06, 2007 | Aug 14, 2007 |
| $0.6162 Q | Regular | Apr 26, 2007 | May 04, 2007 | May 08, 2007 | May 15, 2007 |
| $0.6025 Q | Regular | Jan 26, 2007 | Feb 01, 2007 | Feb 05, 2007 | Feb 14, 2007 |
| $0.5900 Q | Regular | Oct 27, 2006 | Nov 03, 2006 | Nov 07, 2006 | Nov 14, 2006 |
| $0.5775 Q | Regular | Jul 20, 2006 | Aug 02, 2006 | Aug 04, 2006 | Aug 14, 2006 |
| $0.5650 Q | Regular | Apr 26, 2006 | May 04, 2006 | May 08, 2006 | May 15, 2006 |
| $0.5525 Q | Regular | Jan 18, 2006 | Jan 26, 2006 | Jan 30, 2006 | Feb 14, 2006 |
| $0.5312 Q | Regular | Oct 20, 2005 | Oct 31, 2005 | Nov 02, 2005 | Nov 14, 2005 |
| $0.4975 Q | Regular | Jul 21, 2005 | Aug 01, 2005 | Aug 03, 2005 | Aug 12, 2005 |
| $0.4800 Q | Regular | Apr 21, 2005 | May 03, 2005 | May 05, 2005 | May 13, 2005 |
| $0.9125 Q | Regular | Jan 26, 2005 | Feb 04, 2005 | Feb 08, 2005 | Feb 14, 2005 |
| $0.8900 Q | Regular | Oct 20, 2004 | Oct 29, 2004 | Nov 02, 2004 | Nov 12, 2004 |
| $0.8700 Q | Regular | Jul 22, 2004 | Jul 30, 2004 | Aug 03, 2004 | Aug 13, 2004 |
| $0.8500 Q | Regular | Apr 22, 2004 | Apr 29, 2004 | May 03, 2004 | May 14, 2004 |
| $0.8300 Q | Regular | Jan 27, 2004 | Feb 04, 2004 | Feb 06, 2004 | Feb 13, 2004 |
| $0.8100 Q | Regular | Oct 24, 2003 | Oct 30, 2003 | Nov 03, 2003 | Nov 14, 2003 |
| $0.7800 Q | Regular | Jul 22, 2003 | Jul 30, 2003 | Aug 01, 2003 | Aug 14, 2003 |
| $0.7500 Q | Regular | Apr 23, 2003 | May 01, 2003 | May 05, 2003 | May 15, 2003 |
| $0.7250 Q | Regular | Jan 21, 2003 | Jan 29, 2003 | Jan 31, 2003 | Feb 14, 2003 |
| $0.7000 Q | Regular | Oct 23, 2002 | Oct 31, 2002 | Nov 04, 2002 | Nov 14, 2002 |
| $0.6750 Q | Regular | Jul 25, 2002 | Aug 01, 2002 | Aug 05, 2002 | Aug 14, 2002 |
| $0.6125 Q | Regular | Apr 24, 2002 | Apr 30, 2002 | May 02, 2002 | May 15, 2002 |
| $0.5900 Q | Regular | Jan 23, 2002 | Jan 30, 2002 | Feb 01, 2002 | Feb 14, 2002 |
| $0.5775 Q | Regular | Oct 24, 2001 | Oct 30, 2001 | Nov 01, 2001 | Nov 14, 2001 |
| $0.5625 Q | Regular | Jul 24, 2001 | Jul 31, 2001 | Aug 02, 2001 | Aug 14, 2001 |
| $0.2920 Q | Regular | Apr 20, 2001 | Apr 27, 2001 | May 01, 2001 | May 15, 2001 |