KILGORE, Texas, Oct. 25, 2013 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) announced its quarterly cash distribution of $0.7825 per unit for the quarter ended September 30, 2013 in a press release issued yesterday. The announcement reported an incorrect record date for the November 2013 cash distribution. The corrected information is provided below. We apologize for any confusion this error may have created.
This quarterly distribution increased $0.0025 per unit from the distribution paid in the prior quarter. The distribution is payable on November 14, 2013 to common unitholders of record as of the close of business on November 7, 2013. The ex-dividend date for the cash distribution is November 5, 2013. This distribution reflects an annualized distribution rate of $3.13 per unit and is based on Martin Midstream Partners' current and expected operating performance and the current general economic, industry, and market conditions affecting it.
In addition, Martin Midstream Partners plans to publicly release its financial results for the quarter ended September 30, 2013 after the market closes on Wednesday, October 30, 2013 and intends to file its quarterly report on Form 10-Q for the quarter ended September 30, 2013 after the market closes on Monday, November 4, 2013.Investor's Conference Call An investors' conference call to review the third quarter results will be held on Thursday, October 31, 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 October 31, 2013 through 10:59 p.m. Central Time on November 6, 2013. The access code for the conference call and the audio replay is Conference ID No. 90801714. 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 September 30, 2013 which will be available on the investor relations page of Martin Midstream Partners website.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV