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Magellan Midstream Raises 4Q Cash Distribution to 24 Cents
Magellan Midstream Holdings LP, a transporter and distributor of petroleum products, said on Friday its board raised its fourth-quarter cash distribution by more than 26 percent to 24.6 cents per unit.
The new fourth-quarter dividend will be paid Feb. 14 to holders on record as of Feb. 5.
The dividend was expected to be 19.5 cents for [...]
