MARPS Dividend History & Description — Marine Petroleum Trust
Marine Petroleum is a royalty trust engaged in providing means for the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico. Co.'s wholly owned subsidiary, Marine Petroleum Corporation (MPC, and collectively with Co., Marine), holds title to interests in properties that are situated offshore of Louisiana. A portion of all oil, natural gas, and other mineral royalties collected by MPC, are retained by and delivered to Co. Marine's only industry segment is the administration and collection of royalties. Marine also owns interests in Tidelands Royalty Trust B, a separate Texas trust. When considering the Marine Petroleum Trust stock dividend history, we have taken known splits into account, such that the MARPS dividend history is presented on a split-adjusted ("apples to apples") basis. Marine Petroleum Trust dividend history is presented both in graphical/chart form, and as a MARPS dividend history data table along the right-hand column.