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.

$4.22 +0.02 (0.48%)
Dividend Yield 7.23%
Payout Frequency Quarterly

Dividend History

🎉 Upcoming Dividend

Investors can expect a dividend payout of $0.05 per share, scheduled to be distributed in 35 days on December 29, 2025

Pay DateAmountEx-DateRecord Date
December 29, 2025$0.052025-11-282025-11-28
September 29, 2025$0.072025-08-292025-08-29
June 30, 2025$0.112025-05-302025-05-30
March 28, 2025$0.082025-02-282025-02-28
December 30, 2024$0.102024-11-292024-11-29

Dividends Summary

Company News

MARINE PETROLEUM TRUST ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION
Benzinga • Prnewswire • November 18, 2024

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.

Related Companies