Martin Midstream Partners's last quarterly dividend was on May 7, 2024 (ex-date) with a distribution of $0.005 per share. At an annualized rate of $0.02 per share, the stock yields 0.57%.
Martin Midstream Partners's dividend yield of 0.57% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 3.75%, Martin Midstream Partners's dividend yield is 85% lower. Historically MMLP's dividend yield has averaged at 7.7% in the last 5 years, which is above the current yield.
Martin Midstream Partners has been paying dividends since 2003. MMLP has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the stock price up by 46% from a year ago, the dividend yield has decreased by 32%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 7, 2024 | May 15, 2024 | Apr 17, 2024 | $0.005 | normal |
| Feb 6, 2024 | Feb 14, 2024 | Jan 23, 2024 | $0.005 | normal |
| Nov 6, 2023 | Nov 14, 2023 | Oct 18, 2023 | $0.005 | normal |
| Aug 4, 2023 | Aug 14, 2023 | Jul 19, 2023 | $0.005 | normal |
| May 5, 2023 | May 15, 2023 | Apr 19, 2023 | $0.005 | normal |
| Feb 6, 2023 | Feb 14, 2023 | Jan 23, 2023 | $0.005 | normal |
| Nov 4, 2022 | Nov 14, 2022 | Oct 18, 2022 | $0.005 | normal |
| Aug 4, 2022 | Aug 12, 2022 | Jul 20, 2022 | $0.005 | normal |
| May 5, 2022 | May 13, 2022 | Apr 20, 2022 | $0.005 | normal |
| Feb 4, 2022 | Feb 14, 2022 | Jan 25, 2022 | $0.005 | normal |
| Nov 4, 2021 | Nov 12, 2021 | Oct 20, 2021 | $0.005 | normal |
| Aug 5, 2021 | Aug 13, 2021 | Jul 22, 2021 | $0.005 | normal |
| May 6, 2021 | May 14, 2021 | Apr 21, 2021 | $0.005 | normal |
| Feb 4, 2021 | Feb 12, 2021 | Jan 25, 2021 | $0.005 | normal |
| Nov 5, 2020 | Nov 13, 2020 | Oct 21, 2020 | $0.005 | normal |
| Aug 6, 2020 | Aug 14, 2020 | Jul 27, 2020 | $0.005 | normal |
| May 7, 2020 | May 15, 2020 | Apr 22, 2020 | $0.063 | normal |
| Feb 6, 2020 | Feb 14, 2020 | Jan 28, 2020 | $0.063 | normal |
| Nov 6, 2019 | Nov 14, 2019 | Oct 17, 2019 | $0.25 | normal |
| Aug 6, 2019 | Aug 14, 2019 | Jul 18, 2019 | $0.25 | normal |
| May 7, 2019 | May 15, 2019 | Apr 24, 2019 | $0.25 | normal |
| Feb 6, 2019 | Feb 14, 2019 | Jan 17, 2019 | $0.5 | normal |
| Nov 6, 2018 | Nov 14, 2018 | Oct 18, 2018 | $0.5 | normal |
| Aug 6, 2018 | Aug 14, 2018 | Jul 19, 2018 | $0.5 | normal |
| May 7, 2018 | May 15, 2018 | Apr 19, 2018 | $0.5 | normal |
| Feb 6, 2018 | Feb 14, 2018 | Jan 18, 2018 | $0.5 | normal |
| Nov 6, 2017 | Nov 14, 2017 | Oct 19, 2017 | $0.5 | normal |
| Aug 3, 2017 | Aug 14, 2017 | Jul 20, 2017 | $0.5 | normal |
| May 4, 2017 | May 15, 2017 | Apr 20, 2017 | $0.5 | normal |
| Feb 3, 2017 | Feb 14, 2017 | Jan 19, 2017 | $0.5 | normal |
| Nov 3, 2016 | Nov 14, 2016 | Oct 20, 2016 | $0.5 | normal |
| Aug 3, 2016 | Aug 12, 2016 | Jul 21, 2016 | $0.813 | normal |
Martin Midstream Partners's payout ratio of 12.5% is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 49.5%, Martin Midstream Partners's payout ratio is 75% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EPD Enterprise Products Partners Lp | 6.78% | $2.03 | 79.9% |
| GEL Genesis Energy Lp | 4.21% | $0.6 | 176.5% |
| CVX Chevron Corp | 3.98% | $6.28 | 57.5% |
| LNG Cheniere Energy Inc | 0.96% | $1.7 | 8.2% |
| MMLP Martin Midstream Partners Lp | 0.57% | $0.02 | 12.5% |
Yes, Martin Midstream Partners has been paying dividends for the last 21 years.
MMLP's next dividend is scheduled on Aug 7, 2024 (ex-date).
Martin Midstream Partners's last dividend ex-date was on May 7, 2024. The dividend amount was $0.005 per share.
MMLP's annualized dividend per share is $0.02.
Currently Martin Midstream Partners's dividend yield is 0.57%.
Martin Midstream Partners pays dividends quarterly.
The dividend payout ratio of Martin Midstream Partners is 12.5%.
Martin Midstream Partners's dividend yield is below the Energy sector average.