MARPS Ex-Dividend Reminder - 8/27/14

Looking at the universe of stocks we cover at Dividend Channel, on 8/27/14, Marine Petroleum Trust (MARPS) will trade ex-dividend, for its quarterly dividend of $0.3672, payable on 9/26/14. As a percentage of MARPS's recent stock price of $16.75, this dividend works out to approximately 2.19%, so look for shares of Marine Petroleum Trust to trade 2.19% lower — all else being equal — when MARPS shares open for trading on 8/27/14.

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Below is a dividend history chart for MARPS, showing historical dividends prior to the most recent $0.3672 declared by Marine Petroleum Trust:

MARPS+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MARPS is likely to continue, and whether the current estimated yield of 8.77% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MARPS shares, versus its 200 day moving average:

Marine Petroleum Trust 200 Day Moving Average Chart

Looking at the chart above, MARPS's low point in its 52 week range is $13.00 per share, with $20.72 as the 52 week high point — that compares with a last trade of $16.75.

In Monday trading, Marine Petroleum Trust shares are currently off about 0.3% on the day.

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