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Magellan Midstream Partners increases dividend July 28, 2011

Posted by shaferfinancial in Finance.
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Magellan Midstream Partners L.P. (NYSE: MMP), one of my core holdings, declared a quarterly dividend of $0.785 per share, or $3.14 annualized. This is a 7.2% increase from the prior dividend of $0.7325. Gotta love getting a 7% raise!

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