Does a Hike Make Murphy USA (MUSA) a Good Dividend Stock?
MUSAMurphy USA (MUSA) ZACKS·2024-08-22 21:05

Murphy USA (MUSA) recently got approval from its board of directors to increase the quarterly dividend by a penny (or 2.3%) to 45 cents per share, which translates into $1.80 per share on an annualized basis. The new payout will be made on Sep 5 to its common shareholders of record on Aug 26. MUSA continues to display strength across all major categories, thanks to strong retail fuel margin contribution and robust tobacco sales, to go with an aggressive store expansion strategy and a resilient asset base. T ...