Martin Midstream Partners's last dividend was on Aug 7, 2024 (ex-date) with a distribution of $0.005 per share. At an annualized rate of $0.02 per share, the stock yields 0.5%.
Martin Midstream Partners's dividend yield of 0.5% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 4.49%, Martin Midstream Partners's dividend yield is 89% lower. Historically MMLP's dividend yield has averaged at 6.3% 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 59% from a year ago, the dividend yield has decreased by 37%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 7, 2024 | $0.005 | 0.54% |
May 7, 2024 | $0.005 | 0.68% |
Feb 6, 2024 | $0.005 | 0.89% |
Nov 6, 2023 | $0.005 | 0.76% |
Aug 4, 2023 | $0.005 | 0.81% |
May 5, 2023 | $0.005 | 0.78% |
Feb 6, 2023 | $0.005 | 0.73% |
Nov 4, 2022 | $0.005 | 0.64% |
Aug 4, 2022 | $0.005 | 0.47% |
May 5, 2022 | $0.005 | 0.41% |
Feb 4, 2022 | $0.005 | 0.63% |
Nov 4, 2021 | $0.005 | 0.66% |
Aug 5, 2021 | $0.005 | 0.75% |
May 6, 2021 | $0.005 | 0.87% |
Feb 4, 2021 | $0.005 | 4.14% |
Nov 5, 2020 | $0.005 | 9.12% |
Aug 6, 2020 | $0.005 | 19.19% |
May 7, 2020 | $0.063 | 27.41% |
Feb 6, 2020 | $0.063 | 32.11% |
Nov 6, 2019 | $0.25 | 25.1% |
Aug 6, 2019 | $0.25 | 27.88% |
May 7, 2019 | $0.25 | 23.78% |
Feb 6, 2019 | $0.5 | 15.14% |
Nov 6, 2018 | $0.5 | 15.84% |
Aug 6, 2018 | $0.5 | 15.38% |
May 7, 2018 | $0.5 | 13.51% |
Feb 6, 2018 | $0.5 | 12.66% |
Nov 6, 2017 | $0.5 | 12.78% |
Aug 3, 2017 | $0.5 | 10.72% |
May 4, 2017 | $0.5 | 12.08% |
Feb 3, 2017 | $0.5 | 13.22% |
Nov 3, 2016 | $0.5 | 17.13% |
Aug 3, 2016 | $0.813 | 15.45% |
May 4, 2016 | $0.813 | 14.48% |
Feb 3, 2016 | $0.813 | 19.91% |
Nov 4, 2015 | $0.813 | 11.72% |
Aug 5, 2015 | $0.813 | 11.6% |
May 6, 2015 | $0.813 | 9.01% |
Feb 4, 2015 | $0.813 | 10.92% |
Martin Midstream Partners's payout ratio of 18.2% is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 49.2%, Martin Midstream Partners's payout ratio is 63% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PAA Plains All American Pipeline Lp | 7.29% | $1.22 | 109.9% |
EPD Enterprise Products Partners Lp | 7% | $2.06 | 78.7% |
GEL Genesis Energy Lp | 4.64% | $0.6 | N/A |
CVX Chevron Corp | 4.31% | $6.4 | 63.2% |
LNG Cheniere Energy Inc | 0.95% | $1.74 | 9.2% |
MMLP Martin Midstream Partners Lp | 0.5% | $0.02 | 18.2% |
Yes, Martin Midstream Partners has been paying dividends for the last 21 years.
Martin Midstream Partners's last dividend ex-date was on Aug 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 0.5%.
Martin Midstream Partners pays dividends quarterly.
The dividend payout ratio of Martin Midstream Partners is 18.2%.
Martin Midstream Partners's dividend yield is below the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.