Martin Midstream Partners L.P. (MMLP) To Go Ex-Dividend on August 7th

Martin Midstream Partners L.P. (NASDAQ:MMLP) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Friday, August 7th will be given 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 is Friday, August 7th.

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 $2.44 on Friday. The stock has a market capitalization of $95.45 million, a P/E ratio of -6.42 and a beta of 0.50. The stock’s fifty day moving average is $2.44 and its 200 day moving average is $2.64. Martin Midstream Partners has a 52 week low of $1.89 and a 52 week high of $3.54.

Martin Midstream Partners (NASDAQ:MMLP) last posted its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.07 earnings per share for the quarter. The firm had revenue of $213.60 million for 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.