Martin Midstream Partners Announces Quarterly Cash Distribution
January 23 2024 - 4:01PM
Business Wire
Martin Midstream Partners L.P. (NASDAQ: MMLP) announced it has
declared a quarterly cash distribution of $0.005 per unit for the
quarter ended December 31, 2023. The distribution is payable on
February 14, 2024 to common unitholders of record as of the close
of business on February 7, 2024. The ex-dividend date for the cash
distribution is February 6, 2024.
Martin Midstream Partners LP, headquartered in Kilgore, Texas,
is a publicly traded limited partnership with a diverse set of
operations focused primarily in the Gulf Coast region of the United
States. MMLP’s primary business lines include: (1) terminalling,
processing, and storage services for petroleum products and
by-products; (2) land and marine transportation services for
petroleum products and by-products, chemicals, and specialty
products; (3) sulfur and sulfur-based products processing,
manufacturing, marketing and distribution; and (4) marketing,
distribution, and transportation services for natural gas liquids
and blending and packaging services for specialty lubricants and
grease. To learn more, visit www.MMLP.com. Follow Martin Midstream
Partners L.P. on LinkedIn, Facebook, and X (formerly known as
Twitter).
Qualified Notice to Nominees
This release is intended to serve as qualified notice under
Treasury Regulation Section 1.1446-4(b)(4) and (d). Brokers and
nominees should treat one hundred percent (100%) of MMLP’s
distributions to non-U.S. investors as being attributable to income
that is effectively connected with a United States trade or
business. Accordingly, MMLP’s distributions to non-U.S. investors
are subject to federal income tax withholding at the highest
applicable effective tax rate. For purposes of Treasury Regulation
section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat
one hundred percent (100%) of the distributions as being in excess
of cumulative net income for purposes of determining the amount to
withhold. Nominees, and not Martin Midstream Partners L.P.,
are treated as withholding agents responsible for any necessary
withholding on amounts received by them on behalf of foreign
investors.
MMLP-F
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240123224981/en/
Sharon Taylor Chief Financial Officer (877) 256-6644
investor.relations@mmlp.com
Martin Midstream Partners (NASDAQ:MMLP)
Historical Stock Chart
From Apr 2024 to May 2024
Martin Midstream Partners (NASDAQ:MMLP)
Historical Stock Chart
From May 2023 to May 2024