Martin Midstream Partners L.P. (NASDAQ:MMLP – Get Free Report) announced a quarterly dividend on Wednesday, October 21st. Shareholders of record on Friday, November 6th will be given a dividend of $0.0050 per share by the pipeline company on Friday, November 13th. This represents a $0.02 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, November 6th.
Martin Midstream Partners has decreased its dividend by an average of 0.3% per year over the last three years.
Martin Midstream Partners Stock Performance
Shares of NASDAQ:MMLP opened at $2.17 on Friday. Martin Midstream Partners has a twelve month low of $1.76 and a twelve month high of $3.24. The firm has a 50 day simple moving average of $2.19 and a 200-day simple moving average of $2.39.
Martin Midstream Partners (NASDAQ:MMLP – Get Free Report) last posted its earnings results on Wednesday, October 21st. The pipeline company reported ($0.10) EPS for the quarter, meeting analysts’ consensus estimates of ($0.10). The company had revenue of $231.73 million during the quarter, compared to analysts’ expectations of $207.80 million.
About Martin Midstream Partners
Martin Midstream Partners, L.P. was a publicly traded master limited partnership focused on the gathering, processing, storage, transportation and marketing of petroleum products and related materials. The partnership operated assets serving energy producers, refiners, chemical manufacturers and other industrial customers.
Its business activities included terminal and storage services, marine and inland transportation, natural gas liquids operations, sulfur services and specialty products.
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