SmarterDividends
MARPS

Marine Petroleum Trust

MARPS

Energy · Oil & Gas Midstream · Stock · quarterly payer

$4.36

Undervalued · +155% Add to Portfolio

Forward Yield

7.86%

Annual Dividend

$0.34

Payout Ratio

96%

5-Yr Growth

14.3%

Ex-Date

Aug 31, 2026

Frequency

Quarterly

Key facts about MARPS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Marine Petroleum Trust (MARPS) has a forward dividend yield of 7.86%, based on an annual dividend of $0.34 per share and a share price of $4.36.
  • As of Oct 18, 2026, MARPS's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • MARPS last cut its regular dividend in 2025.
  • MARPS's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.0950 per share.
  • As of Oct 18, 2026, MARPS pays out 96% of its trailing 12-month earnings as dividends (its payout ratio).
  • MARPS's dividend has grown at an average rate of 14.3% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MARPS is $11.11 per share, 155% above the $4.36 share price, so MARPS screens as undervalued.
  • Marine Petroleum Trust (MARPS) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "MARPS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MARPS

Summary

As of Oct 18, 2026, Marine Petroleum Trust (MARPS) yields 7.86% ($0.34 a year per share) and has a dividend safety grade of C (58/100).

Is MARPS a good dividend stock?

Yes, with caveats

Marine Petroleum Trust (MARPS) pays a quarterly dividend yielding 7.86% ($0.34/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 14.3% 5-yr dividend growth

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (96%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.86%
Payout Ratio
96%
Annual Dividend
$0.34
5-Yr Avg Growth
14.3%
Ex-Dividend Date
Aug 31, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.35
Market Cap
$8.7M
P/E Ratio
13.2
5-Yr Total Return
-7%
52-Week Range
$4.04 – $6.49
Dividend Safety
C · 58/100
Ever Cut?
Yes (2025)

MARPS dividend changes

Marine Petroleum Trust (MARPS) pays a variable dividend: across the 159 payments on record since 1987, 79 were higher than the one before and 55 lower. The latest change was down 1.0% to $0.0950 per share, going ex-dividend on Aug 31, 2026.

Ex-dateChangeOld → newMove
Aug 31, 2026Lower$0.0960 → $0.0950−1.0%
May 29, 2026Higher$0.0680 → $0.0960+41.2%
Aug 29, 2025Lower$0.111 → $0.0680−38.7%
May 30, 2025Higher$0.103 → $0.111+7.8%
Nov 29, 2024Higher$0.0950 → $0.103+8.4%
Aug 30, 2024Higher$0.0560 → $0.0950+69.6%
May 31, 2024Lower$0.102 → $0.0560−45.1%
Feb 28, 2024Higher$0.0840 → $0.102+21.4%
Nov 29, 2023Lower$0.122 → $0.0840−31.1%
Aug 30, 2023Higher$0.110 → $0.122+10.9%
May 30, 2023Lower$0.159 → $0.110−30.8%
Feb 27, 2023Lower$0.198 → $0.159−19.7%
Every MARPS payment →Download every raise and cut (CSV)
MARPS ex-dividend date & scheduleNext ex-date Aug 31, 2026 · full ex-dividend historyView →MARPS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MARPS a good dividend stock?

Yes, with caveats. Marine Petroleum Trust (MARPS) pays a quarterly dividend yielding 7.86% ($0.34/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is MARPS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MARPS's fair value is about $11.11 versus a $4.36 share price — so it looks undervalued (+155% vs. fair value).

Is MARPS's dividend safe?

MARPS has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is MARPS's fair value?

Our blended fair-value estimate for MARPS is about $11.11 per share, roughly 155% above the current $4.36 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MARPS a buy, hold, or sell?

We don't issue formal ratings, but on the data MARPS screens as "yes, with caveats" and undervalued. Marine Petroleum Trust (MARPS) pays a quarterly dividend yielding 7.86% ($0.34/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MARPS cut its dividend?

MARPS earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MARPS pay a dividend?

Yes. Marine Petroleum Trust pays a quarterly dividend of about $0.34 per share annually, a forward yield of roughly 7.86%.

What is MARPS's dividend yield?

As of Oct 18, 2026, MARPS's forward dividend yield is 7.86%, based on a $0.34 annual dividend and a $4.36 share price.

What is MARPS's dividend per share?

As of Oct 18, 2026, MARPS pays $0.34 per share per year, distributed on a quarterly basis.

What is MARPS's dividend payout ratio?

As of Oct 18, 2026, MARPS's payout ratio is 96% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has MARPS grown its dividend?

MARPS does not currently have a long dividend-growth streak on record.

When is the next MARPS ex-dividend date?

As of Oct 18, 2026, MARPS's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.0950 per share.

Income Calculator

At $0.34 / yr per share

Per payment (quarterly)$8.50
Annual$34.00
Monthly avg$2.83

Similar Dividend Stocks

XOMXOMExxonMobil Holdings Corporation2.30%24 yrCVXCVXChevron Corporation3.16%38 yrSHELSHELShell plc2.93%EnergyPCCYFPCCYFPetroChina Company Limited6.33%Energy

Compare MARPS

MARPS vs XOMMARPS vs CVXMARPS vs SHELMARPS vs PCCYF

Explore more

Lists and tools related to MARPS