Is Mmp Stock Dividend Safe. In other words, this 10% yield looks safe for now. Mmp has grown a $10,000 investment to more than $73,000 year to date.
However, in terms of income, the partnership is performing well. Mmp has grown a $10,000 investment to more than $73,000 year to date. It is a great business that does not get impacted by its commodities, which is very rare to find in the energy sector.
Mmp) is a master limited partnership that provides services related to the.
As you can hopefully now see, mmp stock should be considered for much more than its high dividend yield. Magellan midstream partners (mmp) buckeye partners (bpl) genesis energy (gel). I own this stock because the company has raised it’s dividend every quarter for the last 10 years. With stock prices near record highs, combined with historically low interest rates, investment income is much more difficult to find.
