Tulsa-Based Magellan Midstream Partners Increases Distribution for 13th Consecutive Quarter
The Journal Record › July 23, 2004
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Summary
The board of directors for the general partner of Magellan Midstream Partners has declared a second quarter cash distribution of 87 cents per unit for the period of April 1-June 30.
The move represents an 11.5 percent increase over the second quarter 2003 distribution of 78 cents per unit and a 65.7 percent increase since the partnership's initial public offering during early 2001. It has increased its distribution each quarter for 13 straight periods.See the full content of this document
Extract
Tulsa-Based Magellan Midstream Partners Increases Distribution for 13th Consecutive Quarter
The latest distribution, which equates...
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