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Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?

Ruth King
Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?

Does Magellan Midstream Partners’ 6.5% Yield Look Attractive?MMP’s yieldMagellan Midstream Partners (MMP) is trading at a yield of ~6.5% currently. Its yield is ~170 basis points higher than its five-year average yield of ~4.8%. Magellan