Martin Midstream Partners L.P.(MMLP) Declares Dividend of $0.5000.

Martin Midstream Partners L.P. (MMLP) had declared a cash dividend of $0.5000 on Jan 19, 2017. The shares will quote ex-dividend on Feb 3, 2017 and the record date has been fixed for Feb 7, 2017. Based on Feb 3, 2017 share price, the yield comes out to be 11.05%. The dividend payable date has been fixed on Feb 14, 2017.

Martin Midstream Partners L.P. (MMLP) shares turned negative on Tuesdays trading session with the shares closing down -0.15 points or -0.78% at a volume of 1,62,575. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $19.15. The peak price level was also seen at $19.15 while the days lowest was $18.65. Finally the shares closed at $19. The 52-week high of the shares is $25.38 while the 52-week low is $13.89. According to the latest information available, the market cap of the company is $674 M.

Martin Midstream Partners L.P.(MMLP) last announced its earnings results on Oct 26, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $174.54M. Analysts had an estimated revenue of $203.75M. Earnings per share were $-0.03. The reported EPS was above estimates by $0.06 or NaN%. Analysts had estimated an EPS of $0.03.

Several Insider Transactions has been reported to the SEC. On Jan 10, 2017, Randall Tauscher (COO) purchased 138 shares at $18.91 per share price.Also, On Jan 10, 2017, Ruben S Martin (CEO) purchased 866 shares at $18.91 per share price.On Jan 10, 2017, Robert D Bondurant (CFO) purchased 345 shares at $18.91 per share price, according to the Form-4 filing with the securities and exchange commission.

Martin Midstream Partners L.P. is a limited partnership company with a set of operations focused primarily in the United States Gulf Coast region. The Company operates through four business segments: Terminalling and Storage Natural Gas Services Sulfur Services and Marine Transportation. The Terminalling and Storage segment offers services for petroleum products and by-products including the refining of naphthenic crude oil blending and packaging of finished lubricants. The Natural Gas Services segment offers natural gas liquids transportation and distribution services and natural gas storage services. The Sulfur Services segment offers Sulfur and sulfur-based products gathering processing marketing manufacturing and distribution services. Marine Transportation segment services for petroleum products and by-products.

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