MMLP MLP — Martin Midstream Partners

Martin Midstream Partners (MMLP)

MMLP is a MLP. its distribution rate is 0.92%, its trailing-12-month yield is 0.92%. Dividend Vision Distribution Safety Score™ is 65/100 (Generally safe). Total return is -28.6% over the past 23.9 years, 1253.7 points behind SPY at 1225.1%.

At the current 0.92% distribution rate, a $10,000 investment would generate approximately $92 per year, or about $23.00 per quarter if the next payment matches the last regular one.

Martin Midstream Partners is a master limited partnership that operates energy infrastructure assets across the United States, providing terminalling, storage, and transportation services for petroleum products, petrochemicals, and specialty commodities; the company also processes and distributes sulfur-based products and manufactures lubricants and greases. The partnership distributes quarterly and currently offers a modest distribution rate. The business appeals to investors seeking exposure to midstream energy infrastructure and regular income distributions characteristic of MLPs.

MMLP performance versus SPY

Price and return data through 2026-09-21.

Total return is -28.6% over the past 23.9 years, 1253.7 points behind SPY at 1225.1%. Over the past year its total return — price change plus distributions reinvested — is -26.9%. Its deepest 1-year drawdown was 35.6%.

MMLP key facts

Distribution Safety Score™

65 · Generally safe

Safety-Adjusted Yield

0.60%

Issuer

Martin Midstream Partners

Asset type

MLP

Asset class

Equity

Distribution rate

0.92%

Distribution frequency

Quarterly

Trailing yield

0.92%

5-year average yield

0.67

Last close

$2.17 (as of 2026-09-21)

Market cap

$84,900,569

Average volume

15804.0

Last dividend

$0.005

Last ex-dividend date

08/07/2026

Last payment date

08/14/2026

Beta

0.474

Payout ratio

0.1818

Forward P/E

22.6244

EPS

$-0.40

How Dividend Vision calculates yield and returns

Distribution rate (0.92%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.92%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Martin Midstream Partners or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MMLP risks and drawbacks

MMLP's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 35.6%.

Who may consider MMLP — and who may not

It is a weaker fit for investors who need monthly cash flow (MMLP pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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