Marine Petroleum Trust: Dividend Insights
Portfolio Pulse from Benzinga Insights
Marine Petroleum Trust (NASDAQ:MARPS) announced a quarterly dividend of 11.02 cents per share, payable on June 28, 2023. The stock will go ex-dividend on Tuesday, and shareholders must own the stock prior to the ex-dividend date to be eligible for the payout.
May 25, 2023 | 2:49 pm
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Marine Petroleum Trust announced a quarterly dividend of 11.02 cents per share, with the stock going ex-dividend on Tuesday. Shareholders must own the stock prior to the ex-dividend date to be eligible for the payout.
The announcement of the dividend payout is important for shareholders, as it directly impacts their returns. However, the stock going ex-dividend is a regular event and is already expected by the market, so the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100