$4.53 +0.25 (5.72%)
Marine Petroleum Trust (MARPS)
Marine Petroleum Trust (MARPS) is a royalty trust that was formed to own interests in oil and natural gas properties. It was established to generate income for unit holders from the proceeds of oil and gas production from its underlying assets. The trust primarily focuses on collecting and distributing revenues derived from its royalty interests, which are associated with offshore and onshore oil and gas leases.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 29, 2025 | $0.07 | 2025-08-29 | 2025-08-29 |
| June 30, 2025 | $0.11 | 2025-05-30 | 2025-05-30 |
| March 28, 2025 | $0.08 | 2025-02-28 | 2025-02-28 |
| December 30, 2024 | $0.10 | 2024-11-29 | 2024-11-29 |
| September 30, 2024 | $0.09 | 2024-08-30 | 2024-08-30 |
Dividends Summary
- Marine Petroleum Trust has issued 68 dividend payments over the past 17 years
- The most recent dividend was paid 8 days ago, on September 29, 2025
- The highest dividend payed out to investors during this period was $0.89 per share
- The average dividend paid during this period was $0.20 per share.
Company News
MARINE PETROLEUM TRUST ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION
Marine Petroleum Trust (MARPS) announced a higher quarterly cash distribution of $0.102923 per unit, up from $0.094886 last quarter. The increase is due to higher volumes and prices for oil, partially offset by lower natural gas prices.