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Martin Midstream Partners L.P., together with its subsidiaries, engages in terminalling, processing, storage, and packaging of petroleum products and by-products primarily in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 15 marine shore-based terminal facilities and 13 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates a fleet of 570 tank trucks and 1,200 trailers; and 29 inland marine tank barges, 14 inland push boats, and 1 articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Natural Gas Liquids segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial NGL users, and propane retailers, as well as owns approximately 2.1 million barrels of underground storage capacity for NGLs. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.

Martin Midstream Partners Dividend Announcement

Martin Midstream Partners announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-07
Martin Midstream Partners annual dividend for 2024 was $0.02
Martin Midstream Partners annual dividend for 2023 was $0.02
Martin Midstream Partners's trailing twelve-month (TTM) dividend yield is 0.63%
Martin Midstream Partners's payout ratio for the trailing twelve months (TTM) is 18.70%
Martin Midstream Partners's dividend growth over the last five years (2018-2023) was -60.19% year
Martin Midstream Partners's dividend growth over the last ten years (2013-2023) was -39.62% year

Martin Midstream Partners Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-07$0.01quarterly2024-11-14
2024-08-07$0.01quarterly2024-08-14
2024-05-07$0.01quarterly2024-05-15
2024-02-06$0.01quarterly2024-02-14
2023-11-06$0.01quarterly2023-11-14
2023-08-04$0.01quarterly2023-08-14
2023-05-05$0.01quarterly2023-05-15
2023-02-06$0.01quarterly2023-02-14
2022-11-04$0.01quarterly2022-11-14
2022-08-04$0.01quarterly2022-08-12
2022-05-05$0.01quarterly2022-05-13
2022-02-04$0.01quarterly2022-02-14
2021-11-04$0.01quarterly2021-11-12
2021-08-05$0.01quarterly2021-08-13
2021-05-06$0.01quarterly2021-05-14
2021-02-04$0.01quarterly2021-02-12
2020-11-05$0.01quarterly2020-11-13
2020-08-06$0.01quarterly2020-08-14
2020-05-07$0.06quarterly2020-05-15
2020-02-06$0.06quarterly2020-02-14
2019-11-06$0.25quarterly2019-11-14
2019-08-06$0.25quarterly2019-08-14
2019-05-07$0.25quarterly2019-05-15
2019-02-06$0.50quarterly2019-02-14
2018-11-06$0.50quarterly2018-11-14
2018-08-06$0.50quarterly2018-08-14
2018-05-07$0.50quarterly2018-05-15
2018-02-06$0.50quarterly2018-02-14
2017-11-06$0.50quarterly2017-11-14
2017-08-03$0.50quarterly2017-08-14
2017-05-04$0.50quarterly2017-05-15
2017-02-03$0.50quarterly2017-02-14
2016-11-03$0.50quarterly2016-11-14
2016-08-03$0.81quarterly2016-08-12
2016-05-04$0.81quarterly2016-05-13
2016-02-03$0.81quarterly2016-02-12
2015-11-04$0.81quarterly2015-11-13
2015-08-05$0.81quarterly2015-08-14
2015-05-06$0.81quarterly2015-05-15
2015-02-04$0.81quarterly2015-02-13
2014-11-05$0.81quarterly2014-11-14
2014-08-05$0.79quarterly2014-08-14
2014-05-01$0.79quarterly2014-05-15
2014-02-05$0.79quarterly2014-02-14
2013-11-05$0.78quarterly2013-11-14
2013-08-05$0.78quarterly2013-08-14
2013-05-06$0.78quarterly2013-05-15
2013-02-05$0.77quarterly2013-02-14

Martin Midstream Partners Dividend per year

Martin Midstream Partners Dividend growth

Martin Midstream Partners Dividend Yield

Martin Midstream Partners current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Martin Midstream Partners stock? Use our calculator to estimate your expected dividend yield:

Martin Midstream Partners Financial Ratios

P/E ratio36.45
PEG ratio7.61
P/B ratio-2.53
ROE-6.84%
Payout ratio18.70%
Current ratio1.57
Quick ratio1.11
Cash Ratio0.00

Martin Midstream Partners Dividend FAQ

How much is the next Martin Midstream Partners dividend?
Martin Midstream Partners's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Martin Midstream Partners dividend. The next Martin Midstream Partners dividend will be released in February, May, August, or November.
When is Martin Midstream Partners dividend paid?
Martin Midstream Partners pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Martin Midstream Partners pay?
The specific amount of Martin Midstream Partners dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Martin Midstream Partners's dividend history.
Does Martin Midstream Partners stock pay dividends?
Yes, Martin Midstream Partners does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Martin Midstream Partners's dividend history.
How much dividend does Martin Midstream Partners pay?
Martin Midstream Partners paid $0.02 in 2024, $0.02 in 2023, $0.02 in 2022, $0.02 in 2021, and $0.135 in 2020.
How often does Martin Midstream Partners pay dividends?
Martin Midstream Partners typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Martin Midstream Partners's dividend yield?
The current dividend yield for Martin Midstream Partners is 0.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Martin Midstream Partners's exact dividend yield.
When does Martin Midstream Partners go ex dividend?
Martin Midstream Partners's ex-dividend date for the latest dividend was on 2024-11-07. Martin Midstream Partners typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Martin Midstream Partners dividend paid?
Martin Midstream Partners pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Martin Midstream Partners increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Martin Midstream Partners will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Martin Midstream Partners dividend per share?
Martin Midstream Partners paid $0.02 per share in 2024 and $0.02 per share in 2023. The amount of dividend per share that Martin Midstream Partners pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Martin Midstream Partners a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Martin Midstream Partners a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Martin Midstream Partners a dividend stock?
Yes, Martin Midstream Partners is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Martin Midstream Partners a good dividend stock?
Whether Martin Midstream Partners is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Martin Midstream Partners has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Martin Midstream Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Martin Midstream Partners pay dividends monthly?
Martin Midstream Partners typically pays dividends on a quarterly basis.
Does Martin Midstream Partners pay dividends quarterly?
Martin Midstream Partners currently pays dividends on a quarterly basis.
Has Martin Midstream Partners ever paid a dividend?
Yes, Martin Midstream Partners has a history of paying dividends to its shareholders. Martin Midstream Partners is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Martin Midstream Partners dividend stocks?
To buy Martin Midstream Partners you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Martin Midstream Partners stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Martin Midstream Partners pay dividends 2024?
Martin Midstream Partners pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Martin Midstream Partners increase its dividend in 2024?
Decisions regarding Martin Midstream Partners dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Martin Midstream Partners dividend overview you can look into the above table of dividend history.
How Martin Midstream Partners dividend works?
The Martin Midstream Partners dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Martin Midstream Partners's dividend process works:

1. Determination of Dividend: Martin Midstream Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Martin Midstream Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Martin Midstream Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Martin Midstream Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Martin Midstream Partners dividends paid?
Martin Midstream Partners dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Martin Midstream Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Martin Midstream Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Martin Midstream Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Martin Midstream Partners pay dividends?
Martin Midstream Partners typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Martin Midstream Partners pay dividends?
The general pattern is that Martin Midstream Partners pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Martin Midstream Partners dividend safe?
The safety of Martin Midstream Partners's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Martin Midstream Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Martin Midstream Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.