SmarterDividends
MMLP

Martin Midstream Partners L.P.

MMLP

Energy · Oil & Gas Midstream · Stock · quarterly payer

$2.05

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Forward Yield

0.98%

Annual Dividend

$0.02

Payout Ratio

18%

5-Yr Growth

-31.8%

Ex-Date

Aug 7, 2026

Frequency

Quarterly

Key facts about MMLP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Martin Midstream Partners L.P. (MMLP) has a forward dividend yield of 0.98%, based on an annual dividend of $0.02 per share and a share price of $2.05.
  • As of Oct 18, 2026, MMLP's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
  • MMLP last cut its regular dividend in 2020.
  • MMLP's most recent ex-dividend date was Aug 7, 2026, for a dividend of $0.0050 per share.
  • As of Oct 18, 2026, MMLP pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
  • MMLP's dividend has shrunk at an average rate of 31.8% a year over the past five years.
  • As of Oct 18, 2026, MMLP's 0.98% yield is 47% above its five-year average yield of 0.66%.
  • Martin Midstream Partners L.P. (MMLP) pays its dividend quarterly, 4 times a year.
  • Martin Midstream Partners L.P. (MMLP) has raised its regular dividend 24 times and cut it 4 times across the 95 payments on record since 2003. Its most recent change was a 92.1% cut to $0.0050 per share, going ex-dividend on Aug 6, 2020.
Cite this page

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

Summary

As of Oct 18, 2026, Martin Midstream Partners L.P. (MMLP) yields 0.98% ($0.02 a year per share) and has a dividend safety grade of B (67/100).

Is MMLP a good dividend stock?

Yes, with caveats

Martin Midstream Partners L.P. (MMLP) pays a quarterly dividend yielding 0.98% ($0.02/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (18%)

Risks

  • Cut its dividend in 2020
  • Dividend has been shrinking, not growing
  • Share price is down over the past 5 years

Key Data

Dividend Yield
0.98%
Payout Ratio
18%
Annual Dividend
$0.02
5-Yr Avg Growth
-31.8%
Ex-Dividend Date
Aug 7, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.51
Market Cap
$80.2M
P/E Ratio
—
5-Yr Total Return
-26%
52-Week Range
$1.76 – $3.24
Dividend Safety
B · 67/100
Ever Cut?
Yes (2020)

MMLP dividend raises and cuts

Martin Midstream Partners L.P. (MMLP) has raised its regular dividend 24 times and cut it 4 times across the 95 payments on record since 2003. Its most recent change was a 92.1% cut to $0.0050 per share, going ex-dividend on Aug 6, 2020.

Ex-dateChangeOld → newMove
Aug 6, 2020Cut$0.0630 → $0.0050−92.1%
Feb 6, 2020Cut$0.250 → $0.0630−74.8%
May 7, 2019Cut$0.500 → $0.250−50.0%
Nov 3, 2016Cut$0.813 → $0.500−38.5%
Nov 5, 2014Raise$0.793 → $0.813+2.5%
Aug 5, 2014Raise$0.788 → $0.793+0.6%
May 1, 2014Raise$0.785 → $0.788+0.4%
Feb 5, 2014Raise$0.782 → $0.785+0.4%
Nov 5, 2013Raise$0.780 → $0.782+0.3%
Aug 5, 2013Raise$0.775 → $0.780+0.6%
May 6, 2013Raise$0.770 → $0.775+0.6%
Nov 5, 2012Raise$0.763 → $0.770+0.9%
Show all 28 changes since 2003
Ex-dateChangeOld → newMove
May 4, 2011Raise$0.760 → $0.763+0.4%
Feb 1, 2011Raise$0.750 → $0.760+1.3%
Nov 5, 2008Raise$0.740 → $0.750+1.4%
Jul 30, 2008Raise$0.720 → $0.740+2.8%
Apr 30, 2008Raise$0.700 → $0.720+2.9%
Jan 30, 2008Raise$0.680 → $0.700+2.9%
Oct 29, 2007Raise$0.660 → $0.680+3.0%
Jul 27, 2007Raise$0.640 → $0.660+3.1%
Apr 27, 2007Raise$0.620 → $0.640+3.2%
Jan 30, 2007Raise$0.610 → $0.620+1.6%
Jan 30, 2006Raise$0.570 → $0.610+7.0%
Nov 1, 2005Raise$0.550 → $0.570+3.6%
Jul 28, 2005Raise$0.535 → $0.550+2.8%
Jan 27, 2005Raise$0.525 → $0.535+1.9%
Jan 28, 2004Raise$0.500 → $0.525+5.0%
Apr 30, 2003Raise$0.308 → $0.500+62.3%
Every MMLP payment →Download every raise and cut (CSV)
MMLP ex-dividend date & scheduleNext ex-date Aug 7, 2026 · full ex-dividend historyView →MMLP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MMLP a good dividend stock?

Yes, with caveats. Martin Midstream Partners L.P. (MMLP) pays a quarterly dividend yielding 0.98% ($0.02/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is MMLP's dividend safe?

MMLP has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

Is MMLP a buy, hold, or sell?

We don't issue formal ratings, but on the data MMLP screens as "yes, with caveats". Martin Midstream Partners L.P. (MMLP) pays a quarterly dividend yielding 0.98% ($0.02/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MMLP cut its dividend?

MMLP earns a dividend-safety grade of B (67/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MMLP pay a dividend?

Yes. Martin Midstream Partners L.P. pays a quarterly dividend of about $0.02 per share annually, a forward yield of roughly 0.98%.

What is MMLP's dividend yield?

As of Oct 18, 2026, MMLP's forward dividend yield is 0.98%, based on a $0.02 annual dividend and a $2.05 share price.

What is MMLP's dividend per share?

As of Oct 18, 2026, MMLP pays $0.02 per share per year, distributed on a quarterly basis.

What is MMLP's dividend payout ratio?

As of Oct 18, 2026, MMLP's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MMLP grown its dividend?

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

When is the next MMLP ex-dividend date?

As of Oct 18, 2026, MMLP's next ex-dividend date hasn't been announced. The most recent was Aug 7, 2026, for $0.0050 per share.

Income Calculator

At $0.02 / yr per share

Per payment (quarterly)$0.50
Annual$2.00
Monthly avg$0.17

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