Martin Midstream Partners L.P. ( MMLP ) will begin trading ex-dividend on November 04, 2015. A cash dividend payment of $0.8125 per share is scheduled to be paid on November 13, 2015. Shareholders who purchased MMLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that MMLP has paid the same dividend. At the current stock price of $29, the dividend yield is 11.21%.
The previous trading day's last sale of MMLP was $29, representing a -24.89% decrease from the 52 week high of $38.61 and a 25.81% increase over the 52 week low of $23.05.
MMLP is a part of the Energy sector, which includes companies such as C.H. Robinson Worldwide, Inc. ( CHRW ) and Expeditors International of Washington, Inc. ( EXPD ). Zacks Investment Research reports MMLP's forecasted earnings growth in 2015 as 671.88%, compared to an industry average of 8.6%.
Interested in gaining exposure to MMLP through an Exchange Traded Fund [ETF]?
The following ETF(s) have MMLP as a top-10 holding:
- Direxion Zacks MLP High Income Shares ( ZMLP ).
The top-performing ETF of this group is ZMLP with an decrease of -23.66% over the last 100 days.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.