KILGORE, Texas, July 25, 2013 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) announced today it has declared a quarterly cash distribution of $0.78 per unit for the quarter ended June 30, 2013 and plans to publicly release its financial results and file its quarterly report on Form 10-Q for the quarter ended June 30, 2013 after the market closes on Monday, August 5, 2013.
The quarterly distribution increased $0.005 per unit compared to the distribution paid in the prior quarter. The distribution is payable on August 14, 2013 to common unitholders of record as of the close of business on August 7, 2013. The ex-dividend date for the cash distribution is August 5, 2013. This distribution reflects an annualized distribution rate of $3.12 per unit and is based on Martin Midstream Partners' current operating performance and expectations, and the general economic, industry, and market conditions affecting it.
Investor's Conference CallAn investors' conference call to review the second quarter results will be held on Thursday, August 1, 2013, at 8:00 a.m. Central Time. The conference call can be accessed by calling (877) 878-2695. An audio replay of the conference call will be available by calling (855) 859-2056 from 11:00 a.m. Central Time on August 1, 2013 through 10:59 p.m. Central Time on August 8, 2013. The access code for the conference call and the audio replay is Conference ID No. 24703013. The audio replay of the conference call will also be archived on Martin Midstream Partners' website at www.martinmidstream.com . During the conference call, management will discuss certain non-generally accepted accounting principle financial measures for which reconciliations to the most directly comparable GAAP financial measures will be provided in Martin Midstream Partners' announcement concerning its financial results for the quarter ended June 30, 2013 which will be available on the investor relations page of Martin Midstream Partners website.