Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Magellan Midstream Partners L.P (NYSE: MMP) is Monday, May 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $53.10 as of 9:30 a.m. ET, the dividend yield is 3.9%. The average volume for Magellan Midstream Partners L.P has been 588,500 shares per day over the past 30 days. Magellan Midstream Partners L.P has a market cap of $11.81 billion and is part of the basic materials sector and energy industry. Shares are up 21.5% year to date as of the close of trading on Thursday. Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of petroleum products in the United States. The company has a P/E ratio of 27.1, above the S&P 500 P/E ratio of 17.7.
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