Magellan Midstream Partners LP (Magellan Midstream Partners LP) 5-Year Yield-on-Cost % : 7.11 (As of May. 05, 2024)

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What is Magellan Midstream Partners LP 5-Year Yield-on-Cost %?

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:

MMP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.04 Med: 6.11 Max: 15.9
Current: 7.11

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.

MMP's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.825 vs MMP: 7.11

Competitive Comparison of Magellan Midstream Partners LP's 5-Year Yield-on-Cost %

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.

Magellan Midstream Partners LP's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

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.

Magellan Midstream Partners LP 5-Year Yield-on-Cost % Calculation

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 %

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.

Magellan Midstream Partners LP 5-Year Yield-on-Cost % Related Terms

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Magellan Midstream Partners LP (Magellan Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magellan Midstream Partners LP (NYSE:MMP) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

PAA WES TRGP AM ENLC DTM ETRN FRO PAGP CEQP TSX:ENB EPD ET WMB LNG KMI TSX:TRP MPLX OKE CQP

Traded in Other Exchanges

N/A

Address

One Williams Center, P.O. Box 22186, Tulsa, OK, USA, 74121-2186

Website

https://www.magellanlp.com

Magellan Midstream Partners is a master limited partnership that operates pipelines and storage terminals in the Central and Eastern United States. Its assets transport, store, and distribute refined petroleum products and crude and earn a fee-based stream of cash flows. Assets include the country's longest petroleum pipeline network and several crude oil pipelines. Refined products make about 70% of operating margin, with the remainder mainly crude-oil pipelines.

Executives

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