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MPC Marathon Petroleum dividend history, payout ratio & dates

Marathon Petroleum's latest quarterly cash dividend of $0.58 per share was issued to shareholders on record before May 17, 2022. The dividend distribution stands at $2.32 per share annually, which comes to a dividend yield of 2.75%.

Key dates

  • MPC last dividend date: May 17, 2022
  • MPC next dividend date: Not announced
MPC dividend stats
DPS
$2.32
Dividend yield
2.75%
Payout ratio
13.5%
vs. Energy sector
Dividend yield
4.2%
Payout ratio
54.3%

Dividend yield

What is Marathon Petroleum current dividend yield

MPC has a dividend yield of 2.75% which is below the Energy sector, the industry and its peers average.

Dividend history

What is MPC dividend payout history and dates

Marathon Petroleum has been paying dividends for the last 11 years. Our records show that MPC has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 38% from a year ago, the dividend yield has a decrease of 27%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 17, 2022 Jun 10, 2022 Apr 27, 2022 $0.58 normal
Feb 15, 2022 Mar 10, 2022 Jan 27, 2022 $0.58 normal
Nov 16, 2021 Dec 10, 2021 Oct 27, 2021 $0.58 normal
Aug 17, 2021 Sep 10, 2021 Jul 28, 2021 $0.58 normal
May 18, 2021 Jun 10, 2021 Apr 28, 2021 $0.58 normal
Feb 16, 2021 Mar 10, 2021 Jan 29, 2021 $0.58 normal
Nov 17, 2020 Dec 10, 2020 Oct 28, 2020 $0.58 normal
Aug 18, 2020 Sep 10, 2020 Jul 29, 2020 $0.58 normal
May 19, 2020 Jun 10, 2020 Apr 29, 2020 $0.58 normal
Feb 18, 2020 Mar 10, 2020 Jan 27, 2020 $0.58 normal
Nov 19, 2019 Dec 10, 2019 Oct 30, 2019 $0.53 normal
Aug 20, 2019 Sep 10, 2019 Jul 31, 2019 $0.53 normal
May 15, 2019 Jun 10, 2019 Apr 24, 2019 $0.53 normal
Feb 19, 2019 Mar 11, 2019 Jan 28, 2019 $0.53 normal
Nov 20, 2018 Dec 10, 2018 Oct 31, 2018 $0.46 normal
Aug 15, 2018 Sep 10, 2018 Jul 25, 2018 $0.46 normal
May 15, 2018 Jun 11, 2018 Apr 25, 2018 $0.46 normal
Feb 20, 2018 Mar 12, 2018 Jan 29, 2018 $0.46 normal
Nov 15, 2017 Dec 11, 2017 Oct 25, 2017 $0.4 normal
Aug 14, 2017 Sep 11, 2017 Jul 26, 2017 $0.4 normal
May 15, 2017 Jun 12, 2017 Apr 26, 2017 $0.36 normal
Feb 14, 2017 Mar 10, 2017 Jan 27, 2017 $0.36 normal
Nov 14, 2016 Dec 12, 2016 Oct 26, 2016 $0.36 normal
Aug 15, 2016 Sep 12, 2016 Jul 27, 2016 $0.36 normal
May 16, 2016 Jun 10, 2016 Apr 27, 2016 $0.32 normal
Feb 12, 2016 Mar 10, 2016 Feb 1, 2016 $0.32 normal
Nov 16, 2015 Dec 10, 2015 Oct 28, 2015 $0.32 normal
Aug 17, 2015 Sep 10, 2015 Jul 29, 2015 $0.32 normal

Marathon Petroleum dividend payout ratio

What is Marathon Petroleum dividend payout ratio compared to the sector

Payout ratio

MPC has a payout ratio of 13.5% which is lower than the Energy sector, the industry and its peers average.

Total amount of dividends paid per financial year (from cash flow)

MPC dividend vs peer dividends

How does MPC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PSX Phillips 66 4.4% $3.71 64.5%
XOM Exxon Mobil Corp 4.01% $3.51 58.2%
CVX Chevron Corp 3.77% $5.52 51.8%
VLO Valero Energy Corp 3.63% $3.92 63.2%
MPC Marathon Petroleum Corp 2.75% $2.32 13.5%