Magellan Midstream Holdings LP: Key Developments
Magellan Midstream Holdings, L.P. Announces Date To Discontinue Trading
September 21, 2009 |
| Magellan Midstream Holdings, L.P. announced that assuming a majority ownership is voted in favor of the capital structure simplification and related matters at the special meetings of both MGG and Magellan Midstream Partners, L.P. (MMP) unitholders on September 25, Magellan Midstream Holdings, L.P.'s common units will discontinue trading on the New York Stock Exchange after market close on that day. If approved at those meetings, completion of the simplification is expected to occur on September 30, 2009, resulting in Magellan Midstream Holdings, L.P. investors receiving 0.6325 MMP units for each Magellan Midstream Holdings, L.P. unit held on the exchange date. |
Magellan Midstream Holdings, L.P. Declares Second Quarter Cash Distribution
July 27, 2009 |
| Magellan Midstream Holdings, L.P. announced that its Board has declared the partnership's quarterly cash distribution of $0.359 cents per unit for the period April 1 through June 30, 2009. The second quarter distribution is 6% higher than the second quarter 2008 distribution of $0.3375 cents and equal to the first-quarter 2009 distribution. The distribution, which equates to $1.436 per unit on an annualized basis, will be paid August 14, 2009 to unit holders of record at the close of business on August 7. |
Magellan Midstream Holdings, L.P. Declares Quarterly Cash Distribution
April 23, 2009 |
| Magellan Midstream Holdings, L.P. announced that it has has declared the partnership's quarterly cash distribution of $0.359 per unit for the period January 1, 2009, through March 31, 2009. The distribution, which equates to $1.436 per unit on an annualized basis, will be paid May 15, 2009 to unitholders of record at the close of business on May 5, 2009. |
Magellan Midstream Holdings, L.P. Increases Quarterly Cash Distribution
October 23, 2008 |
| Magellan Midstream Holdings, L.P. announced that its Board of Directors has increased the partnership's quarterly cash distribution to $0.354 per unit for the period July 1, 2008, through September 30, 2008. The new distribution, which equates to $1.416 per unit on an annualized basis, will be paid November 14, 2008 to unitholders of record at the close of business on November 7, 2008. |
Magellan Midstream Holdings, L.P. Raises Quarterly Cash Distribution
April 24, 2008 |
| Magellan Midstream Holdings, L.P. announced that its Board of Directors has increased the partnership's quarterly cash distribution to 32.25 cents per unit for the period January 1 through March 31, 2008. The first quarter distribution represents a 23% increase over the first quarter 2007 distribution of 26.15 cents. The new distribution, which equates to $1.29 per unit on an annualized basis, will be paid May 15, 2008 to unitholders of record at the close of business on May 6. |
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