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

Martin Midstream Partners L.P. (NASDAQ:MMLP) declared a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Stockholders of record on Friday, February 7th will be paid a dividend of 0.005 per share by the pipeline company on Friday, February 14th. This represents a $0.02 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend is Friday, February 7th.

Martin Midstream Partners Stock Down 0.3 %

NASDAQ MMLP opened at $3.58 on Wednesday. The company has a market capitalization of $139.62 million, a price-to-earnings ratio of 35.80 and a beta of 2.10. Martin Midstream Partners has a twelve month low of $2.04 and a twelve month high of $4.13. The stock has a fifty day simple moving average of $3.72 and a 200 day simple moving average of $3.76.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Martin Midstream Partners in a report on Tuesday. They issued a “buy” rating for the company.

Martin Midstream Partners Company Profile

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products.