MMP Dividend Calculator
Calculate how much dividend income Magellan Midstream Partners, L.P. (MMP) could generate with reinvestment. Pre-loaded with MMP's current 6.43% yield and 1.9% dividend growth rate.
Dividend Yield: 6.43%
Annual Dividend: $4.44 per share
Share Price: $69.00
Payout Ratio: 83.9%
MMP DRIP Calculator
Model MMP dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 1.9% per year
Frequently Asked Questions
- What is MMP's current dividend yield?
- MMP (Magellan Midstream Partners, L.P.) currently has a dividend yield of 6.43%. This means for every $10,000 invested, you would receive approximately $643 per year in dividend income before taxes.
- How much MMP do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from MMP at its current yield of 6.43%, you would need approximately $186,625 invested. With dividend reinvestment and growth, you may need less over time.
- Does MMP pay monthly dividends?
- MMP pays dividends periodically. See the full payment history on the MMP stock page.
- Is MMP's dividend safe?
- MMP's payout ratio is 83.9%, which is elevated. Monitor earnings closely, as high payout ratios can indicate less flexibility for dividend growth or sustainability during downturns.
- What is MMP's dividend growth rate?
- MMP's 5-year dividend compound annual growth rate (CAGR) is approximately 1.9% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the MMP dividend page.