Martin Midstream Partners LP (MMLP) Dividend History

$2.58 $-0.04

Dividend Score
Dividend Yield
0.76%

Annual Payment
$0.02

Payout Ratio
-2.45%
Dividend Increases
0 yrs

Price Chart

Key Metrics

Sector Energy
Industry Oil & Gas Midstream
Avg daily volume 46,161
Market cap 103,353,000
Beta 2.14
Trailing 12 Month EPS -0.11
Next Earnings Date
Ex-dividend date 2024-02-06
P/E ratio 0

Company Description

Martin Midstream Partners L.P., together with its subsidiaries, engages in terminalling, processing, storage, and packaging of petroleum products and by-products primarily in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 15 marine shore-based terminal facilities and 13 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates a fleet of 570 tank trucks and 1,200 trailers; and 29 inland marine tank barges, 14 inland push boats, and 1 articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Natural Gas Liquids segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial NGL users, and propane retailers, as well as owns approximately 2.1 million barrels of underground storage capacity for NGLs. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.

Dividend Payments

Forward Yield
0.76%
Forward Payment
$0.02

Trailing Yield
0.83%
Trailing Payment
$0.02

Last Increase
Nov 14,14 2.52%
Last Cut
Aug 14,20 -92%

5 Year Average Yield
12.17%
% Above Current Yield
93.73%

5 Year Div Growth Rate
-32.93%
Payment Frequency
Quarterly

Historical Dividend Payments