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Martin Midstream Partners Announces Quarterly Cash Distribution
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KILGORE, Texas--(BUSINESS WIRE)--
Martin Midstream Partners L.P. (NASDAQ: MMLP) announced it has declared a quarterly cash distribution of $0.005 per unit for the quarter ended December 31, 2022. The distribution is payable on February 14, 2023 to common unitholders of record as of the close of business on February 7, 2023. The ex-dividend date for the cash distribution is February 6, 2023.
Qualified Notice to Nominees
Partnership:
Martin Midstream Partners L.P.
Unit Class:
Common
CUSIP #:
573331105
RE:
Qualified Notice Pursuant to U.S. Treasury Regulation §1.1446-4
Record Date:
February 7, 2023
Payable Date:
February 14, 2023
Per Unit Amount:
$0.005
Section I: This announcement is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of the Partnership's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership's distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.
Section II: The entire amount of the distribution realized per U.S. Treasury Regulation 1.1446(f)-4(c)(2)(iii) is in excess of cumulative net taxable income.
About Martin Midstream Partners
MMLP, headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP’s primary business lines include: (1) terminalling, processing, storage, and packaging services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) natural gas liquids marketing, distribution, and transportation services. To learn more, visit www.MMLP.com. Follow Martin Midstream Partners L.P. on LinkedIn and Facebook.
martin midstream partners l.p. is a publicly traded limited partnership with a diverse set of operations focused primarily in the united states gulf coast region. our four primary business lines include: •terminalling, storage and packaging services for petroleum products and by-products •natural gas services, including liquids transportation and distribution services and natural gas storage •sulfur and sulfur-based products processing, manufacturing, marketing and distribution •marine transportation services for petroleum products and by-products the petroleum products and by-products we collect, transport, store and distribute are produced primarily by the independent oil and gas companies who often turn to third parties, such as us, for the transportation and disposition of these products. in addition to these major and independent oil and gas companies, our primary customers include independent refiners, large chemical companies, fertilizer manufacturers and other wholesale purchas
