KILGORE, Texas, Jan. 23, 2014 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) announced today it has declared a quarterly cash distribution of $0.785 per unit for the quarter ended December 31, 2013 and plans to publicly release its financial results for the fourth quarter and fiscal year ended December 31, 2013 after the market closes on Wednesday, February 26, 2014.
In addition, Martin Midstream Partners plans to file its annual report on Form 10-K for the fiscal year ended December 31, 2013 after the market closes on Monday, March 3, 2014.
This quarterly distribution increased $0.0025 per unit from the distribution paid in the prior quarter. The distribution is payable on February 14, 2014 to common unitholders of record as of the close of business on February 7, 2014. The ex-dividend date for the cash distribution is February 5, 2014. This distribution reflects an annualized distribution rate of $3.14 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.Investor's Conference Call An investors' conference call to review the fourth quarter results will be held on Thursday, February 27, 2014, 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 February 27, 2014 through 10:59 p.m. Central Time on March 6, 2014. The access code for the conference call and the audio replay is Conference ID No. 44678069. 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 year ended December 31, 2013 which will be available on the investor relations page of Martin Midstream Partners website.