Marine Petroleum Trust (MARPS) Lowers Quarterly Dividend 3.4% to $0.521592; 9.1% Yield
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Marine Petroleum Trust (NASDAQ: MARPS) declared a quarterly dividend of $0.521592 per share, or $2.086368 annualized. This is a 3.4% decrease from the prior dividend of $0.540043.
The dividend will be payable on December 28, 2011, to stockholders of record on November 30, 2011, with an ex-dividend date of November 28, 2011.
The annual yield on the dividend is 9.1 percent.
The dividend will be payable on December 28, 2011, to stockholders of record on November 30, 2011, with an ex-dividend date of November 28, 2011.
The annual yield on the dividend is 9.1 percent.
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