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Marine Petroleum Trust Dividend Announcement
(NASDAQ:MARPS), www.marps-marine.com
DIVIDEND ANNOUNCEMENT: Marine Petroleum Trust (NASDAQ:MARPS) on 08/21/2018 declared a dividend of $0.0901 per share
Marine Petroleum Trust (NASDAQ:MARPS) on 08/21/2018 declared a dividend of $ 0.0901 per share payable on September 28, 2018 to shareholders of record as of August 31, 2018. Dividend amount recorded is a decrease of $ 0.0028 from last dividend Paid.
Marine Petroleum Trust (NASDAQ:MARPS) has paid dividends since 1990, has a current dividend yield of 7.91% and has increased its dividends for 1 successive years.
Marine Petroleum Trust's market cap is $ 7,840,000 and has a PE ratio of 10.32. The stock price closed yesterday at $ 3.92 and has a 52 week low/high of $ 2.83 and $ 4.85.
Marine Petroleum Trust is a royalty trust engaged in providing means for the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico. Co.'s wholly owned subsidiary, Marine Petroleum Corporation (together with Co., Marine), holds title to interests in properties subject to Co.'s interests that are situated offshore of Louisiana. Marine's only industry segment is the administration and collection of royalties. As of June 30 2017, Marine also owned a 32.6% interest in Tidelands Royalty Trust B, a separate Texas trust.
For more information on Marine Petroleum Trust click here.
Dividend Ex Date: August 30, 2018
Dividend Record Date: August 31, 2018
Dividend Payment Date: September 28, 2018
Dividend Amount: $ 0.0901
MARPS LINKS
MARPS Dividend History Detail
MARPS Projected 10 Year Dividend Yield
MARPS Dividend News
MARPS Competitors News
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