MMP's Dividend Pay out Ratio	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter
Earnings per Share	$ 3.54	$ 1.34	$ 0.89	$ 4.76	$ 5.06
Dividend	$ 1.04	$ 1.04	$ 1.03	$ 1.04	$ 1.04
Pay out Ratio	29.44 %	77.76 %	115.17 %	21.79 %	20.49 %

Dividend Pay out Ratio Comment

Despite eps year on year decrease, Magellan Midstream Partners L P 's dividend remained unchanged and dividend pay out ratio increased to 29.44%.

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Magellan Midstream Partners L P 's

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