This morning, Martin Midstream Partners (NASDAQ:MMLP) declared its quarterly distribution of 78.5 cents, an increase of about 0.3% over its prior distribution. Based on the current stock price, investors can expect a yield of about a yield of about 7.3% going forward. Shares of Martin Midstream Partners were relatively flat this morning, trading just above $43 per share.
In other dividend news, Navios Maritime Partners (NYSE:NMM) maintained its quarterly distribution of 44.25 cents per share. And Arkansas Best (ABFS) maintained its quarterly dividend of 3 cents per share.
Among dividend invcreases, City National (CYN) announced its quarterly dividend of 33 cents per share, an increase of about 32% over its prior dividend. And Crestwood Midstream (CMLP) announced its quarterly distribution of 41 cents per share, an increase of about 1%.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.