MMP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MMP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Magellan Midstream Partners LP's yield on cost for the quarter that ended in Jun. 2023 was 7.11.
The historical rank and industry rank for Magellan Midstream Partners LP's 5-Year Yield-on-Cost % or its related term are showing as below:
During the past 13 years, Magellan Midstream Partners LP's highest Yield on Cost was 15.90. The lowest was 3.04. And the median was 6.11.
For the Oil & Gas Midstream subindustry, Magellan Midstream Partners LP's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Oil & Gas industry and Energy sector, Magellan Midstream Partners LP's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Magellan Midstream Partners LP's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Magellan Midstream Partners LP is calculated as
Yield-on-Cost | = | Dividend Yield % | * | (1 | + | Dividend Growth Rate)^5 |
Magellan Midstream Partners LP (NYSE:MMP) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Thank you for viewing the detailed overview of Magellan Midstream Partners LP's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
James R Hoskin | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172 |
James R Montague | director | FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087 |
Kyle T Krshka | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172 |
Sivasankaran Somasundaram | director | C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381 |
Melanie A Little | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172 |
Mark B Roles | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172 |
Lisa J Korner | officer: Vice President | ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172 |
Chansoo Joung | director | C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017 |
Jeff R Selvidge | officer: Senior Vice President | ONE WILLIAMS CENTER SUITE 2800, TULSA OK 74172 |
Douglas J May | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 4100, TULSA OK 74172 |
Robert G Croyle | director | ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172 |
Michael C Pearson | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172 |
Jeffrey L Holman | officer: Senior Vice President & CFO | ONE WILLIAMS CENTER, TULSA OK 74172 |
Michael N Mears | officer: Vice President | ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172 |
Lori Gobillot | director | 5103 CITY WEST BLVD., 4TH FLOOR, HOUSTON TX 77042 |
From GuruFocus
By PRNewswire • 07-11-2023
By Business Wire Business Wire • 05-15-2023
By Marketwired • 06-25-2023
By PRNewswire PRNewswire • 05-15-2023
By PRNewswire • 08-11-2023
By PRNewswire PRNewswire • 04-27-2023
By PRNewswire • 09-07-2023
By PRNewswire • 08-03-2023
By PRNewswire • 07-25-2023
By sperokesalga sperokesalga • 05-19-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.