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DIVIDEND ANNOUNCEMENT: Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) on 08/20/2021 declared a dividend of $0.0643 per share

August 20, 2021

Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) on 08/20/2021 declared a dividend of $ 0.0643 per share payable on September 28, 2021 to shareholders of record as of August 31, 2021. Dividend amount recorded is an increase of $ 0.0361 from last dividend Paid.

Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) has paid dividends since 1990, has a current dividend yield of 2.9295444489% and has increased its dividends for 0 successive years.

Units Ben Int/Marine Petroleum Trust's market cap is $ 8,192,400 and has a PE ratio of 34.13. The stock price closed yesterday at $ 4.10 and has a 52 week low/high of $ 1.55 and $ 8.98.

Marine Petroleum 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 (MPC, and collectively with Co., Marine), holds title to interests in properties that are situated offshore of Louisiana. A portion of all oil, natural gas, and other mineral royalties collected by MPC, are retained by and delivered to Co. Marine's only industry segment is the administration and collection of royalties. Marine also owns interests 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: August 20, 2021
Dividend Ex Date: August 30, 2021
Dividend Record Date: August 31, 2021
Dividend Payment Date: September 28, 2021
Dividend Amount: $ 0.0643
 
 

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