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Marine Petroleum Trust (Marine Petroleum Trust) Dividend Yield % : 9.94% (As of Apr. 27, 2024)


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What is Marine Petroleum Trust Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Marine Petroleum Trust is 9.94%.

The historical rank and industry rank for Marine Petroleum Trust's Dividend Yield % or its related term are showing as below:

MARPS' s Dividend Yield % Range Over the Past 10 Years
Min: 1.68   Med: 9.17   Max: 23.31
Current: 9.94

During the past 13 years, the highest Dividend Yield of Marine Petroleum Trust was 23.31%. The lowest was 1.68%. And the median was 9.17%.

MARPS's Dividend Yield % is ranked better than
87.65% of 494 companies
in the Oil & Gas industry
Industry Median: 4.055 vs MARPS: 9.94

Marine Petroleum Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.84.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Marine Petroleum Trust is 1.06, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Marine Petroleum Trust was 1.23. The lowest was 0.73. And the median was 1.03.

As of today (2024-04-27), the Forward Dividend Yield % of Marine Petroleum Trust is 9.94%.

Marine Petroleum Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.08.

During the past 12 months, Marine Petroleum Trust's average Dividends Per Share Growth Rate was -41.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 36.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -12.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marine Petroleum Trust was 36.80% per year. The lowest was -41.60% per year. And the median was -0.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Marine Petroleum Trust Dividend Yield % Historical Data

The historical data trend for Marine Petroleum Trust's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marine Petroleum Trust Dividend Yield % Chart

Marine Petroleum Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 16.14 2.00 6.40 14.69

Marine Petroleum Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.89 11.51 14.69 12.34 11.79

Competitive Comparison of Marine Petroleum Trust's Dividend Yield %

For the Oil & Gas Midstream subindustry, Marine Petroleum Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marine Petroleum Trust's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine Petroleum Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Marine Petroleum Trust's Dividend Yield % falls into.



Marine Petroleum Trust Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Marine Petroleum Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1022024-02-282024-02-292024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0842023-11-292023-11-302023-12-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.1222023-08-302023-08-312023-09-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-05-302023-05-312023-06-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Marine Petroleum Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.418/4.20
=9.95 %

Current Share Price is $4.20.
Marine Petroleum Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.418.

Marine Petroleum Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.408/4.20
=9.71 %

Current Share Price is $4.20.
Marine Petroleum Trust's Dividends per Share for the forward twelve months is calculated as $0.102 * 4 = $0.408.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marine Petroleum Trust  (NAS:MARPS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Marine Petroleum Trust Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Marine Petroleum Trust's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.

Marine Petroleum Trust (Marine Petroleum Trust) Headlines