|Bid||53.30 x 1000|
|Ask||53.85 x 1000|
|Day's range||52.83 - 53.65|
|52-week range||32.61 - 53.85|
|Beta (5Y monthly)||1.07|
|PE ratio (TTM)||14.77|
|Earnings date||28 Jul 2021 - 02 Aug 2021|
|Forward dividend & yield||4.11 (8.63%)|
|Ex-dividend date||06 May 2021|
|1y target est||51.53|
Magellan's (MMP) sale of its independent terminals underscores its steadfast commitment to optimize unitholder value by utilizing all available options including asset portfolio upgrade.
After a two-decade run, Magellan's distribution increase streak is likely to end this year. It's a sign that investors need to start worrying.
Magellan Midstream's (MMP) distributable cash flow (DCF) of $276.5 million in the first quarter drops 9.8% from the year-ago level.