Martin Midstream Partners L.P.
MMLPEnergy · Stock · quarterly payer
$2.53
Add to PortfolioForward Yield
0.79%
Annual Dividend
$0.02
Payout Ratio
18%
5-Yr Growth
-31.8%
Ex-Date
May 8, 2026
Frequency
Quarterly
MMLP Dividend Safety Score
69/ 100
Grade B
Safe
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage18% of earnings paid out
Free-cash-flow coverage4% of free cash flow
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MMLP a good dividend stock?
Yes, with caveatsMartin Midstream Partners L.P. (MMLP) pays a quarterly dividend yielding 0.79% ($0.02/yr), with 4 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
- 0.79%
- Payout Ratio
- 18%
- Annual Dividend
- $0.02
- 5-Yr Avg Growth
- -31.8%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.49
- Market Cap
- $99.0M
- P/E Ratio
- —
- 5-Yr Total Return
- -17%
- 52-Week Range
- $2.21 – $3.54
- Dividend Safety
- B · 69/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.0050 | regular |
| Feb 6, 2026 | — | $0.0050 | regular |
| Nov 7, 2025 | — | $0.0050 | regular |
| Aug 7, 2025 | — | $0.0050 | regular |
| May 8, 2025 | — | $0.0050 | regular |
| Feb 7, 2025 | — | $0.0050 | regular |
| Nov 7, 2024 | — | $0.0050 | regular |
| Aug 7, 2024 | — | $0.0050 | regular |
| May 7, 2024 | — | $0.0050 | regular |
| Feb 6, 2024 | — | $0.0050 | regular |
| Nov 6, 2023 | — | $0.0050 | regular |
| Aug 4, 2023 | — | $0.0050 | regular |
| May 5, 2023 | — | $0.0050 | regular |
| Feb 6, 2023 | — | $0.0050 | regular |
Income Calculator
At $0.02 / yr per share
Per payment (quarterly)$0.50
Annual$2.00
Monthly avg$0.17
