Marine Petroleum Trust (MARPS) To Go Ex-Dividend on August 31st

Posted by Kim Johansen on Aug 23rd, 2026

Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) declared a quarterly dividend on Friday, August 21st. Shareholders of record on Monday, August 31st will be paid a dividend of 0.0954 per share by the energy company on Monday, September 28th. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Monday, August 31st.

Marine Petroleum Trust has raised its dividend by an average of 0.1%per year over the last three years.

Marine Petroleum Trust Price Performance

Shares of NASDAQ MARPS opened at $4.88 on Friday. The firm has a fifty day moving average price of $4.70 and a 200-day moving average price of $4.89. The stock has a market cap of $9.76 million, a PE ratio of 15.25 and a beta of 0.39. Marine Petroleum Trust has a 1 year low of $4.05 and a 1 year high of $6.49.

Institutional Investors Weigh In On Marine Petroleum Trust

A hedge fund recently bought a new stake in Marine Petroleum Trust stock. Welch Group LLC bought a new position in shares of Marine Petroleum Trust (NASDAQ:MARPS – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,956 shares of the energy company’s stock, valued at approximately $85,000. Welch Group LLC owned about 0.80% of Marine Petroleum Trust as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 1.76% of the company’s stock.

About Marine Petroleum Trust

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Marine Petroleum Trust is a royalty trust that holds overriding royalty interests in petroleum and natural gas production assets on Alaska’s North Slope. Established in 1998, the trust’s primary asset is its net profits interest in the Nikaitchuq Unit, a large oil field operated under state and federal leases. Rather than engaging in exploration or production itself, Marine Petroleum Trust receives income in the form of royalties and net profits from production activities carried out by the unit operator.

The trust’s revenues are generated solely by hydrocarbons extracted from the Nikaitchuq field, with crude oil transported via the Trans-Alaska Pipeline System.