Magellan Midstream Partners Lp

★★☆☆☆

About Magellan Midstream Partners Lp

Transportation & Storage

Transportation & Storage
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Although I like the dividends for MMP, can they be sustained when the stock keeps dropping in value? The price of the stock dropping more than swallows the quarterly dividends. An advisor told me the reason MMP keeps falling is because they do not process their own products from their own wells. Is that true?
Ridgebuff

1
★★☆☆☆

Although I like the dividends for MMP, can they be sustained when the stock keeps dropping in value? The price of the stock dropping more than swallows the quarterly dividends. An advisor told me the reason MMP keeps falling is because they do not process their own products from their own wells. Is that true?
Ridgebuff

 

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