DIVIDEND ANNOUNCEMENT: Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) on 02/17/2023 declared a dividend of $0.1593 per share

Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) on 02/17/2023 declared a dividend of $ 0.1593 per share payable on March 28, 2023 to shareholders of record as of February 28, 2023. Dividend amount recorded is a decrease of $ 0.0851 from last dividend Paid.

Units Ben Int/Marine Petroleum Trust (NASDAQ:MARPS) has paid dividends since 1990, has a current dividend yield of 9.7472915649% and has increased its dividends for 1 successive years.

Units Ben Int/Marine Petroleum Trust's market cap is $ 16,620,000 and has a PE ratio of 11.08. The stock price closed yesterday at $ 8.31 and has a 52 week low/high of $ 4.53 and $ 32.00.

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.

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