Marine Petroleum Trust (MARPS) Raises Quarterly Dividend to $0.414827, 8.5% Yield
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Marine Petroleum Trust (NASDAQ: MARPS) declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.414827 per unit, payable on June 28, 2011, to unitholders of record on May 31, 2011. The ex-dividend date is May 29 and the yield is 8.4%.
This distribution of $0.414827 per unit is higher than the $0.358698 per unit distributed last quarter and higher than the $0.376013 per unit distributed in the comparable quarter in 2010.
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This distribution of $0.414827 per unit is higher than the $0.358698 per unit distributed last quarter and higher than the $0.376013 per unit distributed in the comparable quarter in 2010.
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