Martin Midstream Partners L.P. (MMLP) To Go Ex-Dividend on May 8th

Martin Midstream Partners L.P. (NASDAQ:MMLP) declared a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Friday, May 8th will be paid a dividend of 0.005 per share by the pipeline company on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, May 8th.

Martin Midstream Partners has decreased its dividend payment by an average of 0.3%per year over the last three years.

Martin Midstream Partners Trading Up 0.8%

Shares of NASDAQ MMLP opened at $2.44 on Wednesday. The company has a market capitalization of $95.45 million, a price-to-earnings ratio of -4.78 and a beta of 0.52. Martin Midstream Partners has a twelve month low of $2.21 and a twelve month high of $3.54. The business has a 50 day simple moving average of $2.72 and a 200-day simple moving average of $2.70.

Martin Midstream Partners (NASDAQ:MMLP) last announced its quarterly earnings data on Wednesday, April 22nd. The pipeline company reported ($0.17) earnings per share (EPS) for the quarter. The company had revenue of $187.67 million during the quarter.

Martin Midstream Partners Company Profile

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.