MAGELLAN MIDSTREAM PARTNERS, L.P. (MMP)

[Kaseymoe]

First quarter 2023 dividend to be $1.0475 per this announcement on the company website posted April 27, 2023.

TULSA, Okla. – The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has declared a quarterly cash distribution of $1.0475 per unit for the period Jan. 1 through March 31, 2023.

The distribution, which equates to $4.19 per unit on an annualized basis, will be paid May 15 to unitholders of record at the close of business on May 8.

Shares closed at $55.80 today, Friday, 4-28-2023.
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This will be the third consecutive quarter with dividend at 1.0475. Before that four quarters at 1.0375 and prior to that seven quarters at 1.0275. Thus keeping the same dividend for multiple quarters is not unusual. They can claim the high ground as to consistency of dividends without a drop. The pattern up till 4th qtr 2019 was an increase every quarter but just holding steady puts them in position as an elite dividend paying stock.

https://www.magellanlp.com/magellannews.aspx?id=71770E35-E8B5-40BC-8CA3-0D4B10568FAB

and

Dividend history - click each year for the quarterlies : https://www.magellanlp.com/Investors/CashDistributionsAndQualifiedNotice.aspx