Martin Midstream Partners L.P. (NASDAQ:MMLP – Get Free Report) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Friday, August 7th will be paid a dividend of 0.005 per share by the pipeline company on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, August 7th.
Martin Midstream Partners has decreased its dividend by an average of 0.3%annually over the last three years.
Martin Midstream Partners Price Performance
Shares of NASDAQ:MMLP opened at $2.44 on Wednesday. The firm has a market capitalization of $95.45 million, a PE ratio of -6.42 and a beta of 0.51. Martin Midstream Partners has a 12 month low of $1.89 and a 12 month high of $3.54. The business has a 50-day moving average of $2.42 and a two-hundred day moving average of $2.61.
About Martin Midstream Partners
Martin Midstream Partners L.P. is a publicly traded midstream energy partnership that provides storage, transportation and distribution services for petroleum and chemical products. The company’s operations encompass bulk liquid terminals, marine transportation services and handling facilities designed to support a variety of feedstocks and refined products. Through its network of terminals and pipelines, Martin Midstream serves refineries, petrochemical plants and other industrial customers, offering solutions that help optimize logistics and maintain supply chain reliability.
With core assets located along the U.S.
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