Martin Midstream Partners L.P. (NASDAQ:MMLP) Updates On Quarterly Dividend


As per Martin Midstream Partners L.P. (NASDAQ:MMLP) statement on 2016-07-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.813 per share as dividend to stakeholders. The record date is set as 2016-08-05, the payout date as 2016-08-12 and the ex-dividend date is 2016-08-03.

Last fiscal Martin Midstream Partners L.P. (NASDAQ:MMLP) disbursed cash dividend of $0.813. A year ago, the payout was $0.813, which indicates a difference of 2.2817%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.813, implying 1.6137% growth.

For the period ended on 2015-12-31, Martin Midstream Partners L.P. (NASDAQ:MMLP)’s earnings came at $-0.14 per share compared to EPS of $-0.02 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $0.01 per share.

The interim price target for Martin Midstream Partners L.P. (NASDAQ:MMLP) is set at $22.833. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Martin Midstream Partners L.P. (NASDAQ:MMLP) is seen at $29 and the lowest level is established at $17. This broad range highlights a standard deviation of $4.02 in reported estimates.

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