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Magellan Midstream increases distribution

By: Journal Record Staff//October 22, 2015//

Magellan Midstream increases distribution

By: Journal Record Staff//October 22, 2015//

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TULSA – The board of directors of Magellan Midstream Partners increased the partnership’s quarterly cash distribution for the third quarter to 76.25 cents per unit from 66.75 cents per unit for the third quarter of 2014 and 74 cents for the second quarter.

The distribution will be paid Nov. 13 to unitholders of record Nov. 2.