Cash Dividend On The Way From Martin Midstream Partners (MMLP)

Looking at the universe of stocks we cover at Dividend Channel, on 11/3/16, Martin Midstream Partners LP ( MMLP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 11/14/16. As a percentage of MMLP's recent stock price of $19.55, this dividend works out to approximately 2.56%, so look for shares of Martin Midstream Partners LP to trade 2.56% lower — all else being equal — when MMLP shares open for trading on 11/3/16.

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Below is a dividend history chart for MMLP, showing historical dividends prior to the most recent $0.50 declared by Martin Midstream Partners LP:

MMLP+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 MMLP is likely to continue, and whether the current estimated yield of 10.23% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MMLP shares, versus its 200 day moving average:

Martin Midstream Partners LP 200 Day Moving Average Chart

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