Martin Midstream Partners Announces Quarterly Cash Distribution Date
April 25 2019 - 2:40PM
Martin Midstream Partners L.P. (NASDAQ: MMLP) announced it has
declared a quarterly cash distribution of $0.25 per unit, or $1.00
per unit on an annualized basis, for the quarter ended March 31,
2019. The distribution is payable on May 15, 2019 to common
unitholders of record as of the close of business on May 8,
2019. The ex-dividend date for the cash distribution is May
7, 2019.
Qualified Notice to Nominees
This release serves as qualified notice to
nominees as provided for under Treasury Regulation Section
1.1446-4(b)(4) and (d). Please note that 100 percent of the
Partnership's distributions to foreign investors are attributable
to income that is effectively connected with a United States trade
or business. Accordingly, all of the Partnership's
distributions to foreign investors are subject to federal income
tax withholding at the highest effective tax rate for individuals
or corporations, as applicable. Nominees, and not the
Partnership, are treated as withholding agents responsible for
withholding on the distributions received by them on behalf of
foreign investors.
About Martin Midstream Partners
Martin Midstream Partners L.P. is a publicly
traded limited partnership with a diverse set of operations focused
primarily in the United States Gulf Coast region. The
Partnership's primary business lines include: (1) natural gas
liquids transportation and distribution services and natural gas
storage; (2) terminalling, storage and packaging services for
petroleum products and by-products; (3) sulfur and sulfur-based
products processing, manufacturing, marketing and distribution; and
(4) transportation services for petroleum products and
by-products.
Forward-Looking Statements
Statements about Martin Midstream Partners'
outlook and all other statements in this release other than
historical facts are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements and all references to financial
estimates rely on a number of assumptions concerning future events
and are subject to a number of uncertainties and other factors,
many of which are outside its control, which could cause actual
results to differ materially from such statements. While Martin
Midstream Partners believes that the assumptions concerning future
events are reasonable, it cautions that there are inherent
difficulties in anticipating or predicting certain important
factors. A discussion of these factors, including risks and
uncertainties, is set forth in Martin Midstream Partners' annual
and quarterly reports filed from time to time with the Securities
and Exchange Commission. Martin Midstream Partners disclaims any
intention or obligation to revise any forward-looking statements,
including financial estimates, whether as a result of new
information, future events, or otherwise.
Additional information concerning Martin
Midstream is available on its website at www.MMLP.com, or
Sharon Taylor– Head of Investor Relations(877)
256-6644
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