MMLP MLP — Martin Midstream Partners

Martin Midstream Partners (MMLP)

Updated November 6, 2026.

MMLP is an MLP. Its distribution rate is 0.99%, its trailing-12-month yield is 1.23%. Dividend Vision Distribution Safety Score™ is 65/100 (Generally safe). Total return is -35.1% over the past 24 years, 1190.8 points behind SPY at 1155.7%.

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

As of Nov 5, 2026

Total return is -35.1% over the past 24 years, 1190.8 points behind SPY at 1155.7%. Over the past year its total return — price change plus distributions reinvested — is -23.1%. Its deepest 1-year drawdown was 38.7%.

MMLP key facts

Distribution Safety Score™

65 · Generally safe

Safety-Adjusted Yield

0.64%

Issuer

Martin Midstream Partners

Asset type

MLP

Asset class

Equity

Distribution rate

0.99%

Distribution frequency

Quarterly

Trailing yield

1.23%

5-year average yield

0.66

Last close

$2.03 (as of 2026-11-06)

Market cap

$79,423,113

Average volume

4,215

Dividend

$0.005

Ex-dividend date

11/06/2026

Payment date

11/13/2026

Beta

0.507

Payout ratio

18.2%

Forward P/E

22.62

EPS

-$0.28

How Dividend Vision calculates yield and returns

Distribution rate (0.99%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.23%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · 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 38.7%.

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.

More on MMLP

• All tickers starting with M

Tagged: MLP, Midstream energy, Pipelines.

Frequently asked questions

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