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Units Ben Int/Marine Petroleum Trust Dividend Announcement

(NASDAQ:MARPS), www.marps-marine.com

DIVIDEND ANNOUNCEMENT: Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) on 11/19/2018 declared a dividend of $0.0959 per share

November 19, 2018

Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) on 11/19/2018 declared a dividend of $ 0.0959 per share payable on December 28, 2018 to shareholders of record as of November 30, 2018. Dividend amount recorded is an increase of $ 0.0058 from last dividend Paid.

Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) has paid dividends since 1990, has a current dividend yield of 11.5894041061% and has increased its dividends for 1 successive years.

Units Ben Int/Marine Petroleum Trust's market cap is $ 6,040,000 and has a PE ratio of 8.63. The stock price closed yesterday at $ 3.02 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 Units Ben Int/Marine Petroleum Trust click here.

Units Ben Int/Marine Petroleum Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: November 19, 2018
Dividend Ex Date: November 29, 2018
Dividend Record Date: November 30, 2018
Dividend Payment Date: December 28, 2018
Dividend Amount: $ 0.0959
 
 

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