Last dividend date: May 20, 2026
Dividend yield: 1.57%
Payout ratio: 25.6%
Marathon Petroleum's latest cash dividend of $1 per share was issued to shareholders on record before May 20, 2026. The dividend distribution stands at $3.91 per share annually, which comes to a dividend yield of 1.58%.
MPC dividend stats
vs. Energy sector
Marathon Petroleum Dividend yield
MPC has a dividend yield of 1.58% which is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 3.9%, Marathon Petroleum's dividend yield is 59% lower. The historical 5-year average of MPC's dividend yield is 2.3%, which is more than the current yield.
MPC Dividend history
Marathon Petroleum has been paying dividends for the last 15 years. Our records show that MPC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% since twelve months ago. However with the price of the stock up by 46% from a year ago, the dividend yield has a decrease of 25%.
Marathon Petroleum Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 20, 2026 | $1 | 1.51% |
| Feb 18, 2026 | $1 | 1.91% |
| Nov 19, 2025 | $1 | 1.91% |
| Aug 20, 2025 | $0.91 | 2.2% |
| May 21, 2025 | $0.91 | 2.27% |
| Feb 19, 2025 | $0.91 | 2.22% |
| Nov 20, 2024 | $0.91 | 2.12% |
| Aug 21, 2024 | $0.825 | 1.92% |
| May 15, 2024 | $0.825 | 1.87% |
| Feb 20, 2024 | $0.825 | 1.92% |
| Nov 15, 2023 | $0.825 | 2.05% |
| Aug 15, 2023 | $0.75 | 2.1% |
| May 16, 2023 | $0.75 | 2.65% |
| Feb 15, 2023 | $0.75 | 2.09% |
| Nov 15, 2022 | $0.75 | 2.08% |
| Aug 16, 2022 | $0.58 | 2.4% |
| May 17, 2022 | $0.58 | 2.38% |
| Feb 15, 2022 | $0.58 | 2.96% |
| Nov 16, 2021 | $0.58 | 3.58% |
| Aug 17, 2021 | $0.58 | 4.06% |
| May 18, 2021 | $0.58 | 3.85% |
| Feb 16, 2021 | $0.58 | 4.51% |
| Nov 17, 2020 | $0.58 | 5.71% |
| Aug 18, 2020 | $0.58 | 6.1% |
| May 19, 2020 | $0.58 | 6.43% |
| Feb 18, 2020 | $0.58 | 3.84% |
| Nov 19, 2019 | $0.53 | 3.43% |
| Aug 20, 2019 | $0.53 | 4.39% |
| May 15, 2019 | $0.53 | 3.87% |
| Feb 19, 2019 | $0.53 | 2.94% |
| Nov 20, 2018 | $0.46 | 2.97% |
| Aug 15, 2018 | $0.46 | 2.31% |
| May 15, 2018 | $0.46 | 2.23% |
| Feb 20, 2018 | $0.46 | 2.45% |
| Nov 15, 2017 | $0.4 | 2.47% |
| Aug 14, 2017 | $0.4 | 2.83% |
| May 15, 2017 | $0.36 | 2.72% |
| Feb 14, 2017 | $0.36 | 2.75% |
| Nov 14, 2016 | $0.36 | 3.12% |
| Aug 15, 2016 | $0.36 | 3.2% |
| May 16, 2016 | $0.32 | 3.59% |
| Feb 12, 2016 | $0.32 | 3.81% |
| Nov 16, 2015 | $0.32 | 2.12% |
| Aug 17, 2015 | $0.32 | 1.92% |
| May 18, 2015 | $0.25 | 1.92% |
| Feb 13, 2015 | $0.25 | 1.86% |
Marathon Petroleum dividend payout ratio
Payout ratio
MPC has a payout ratio of 25.6% which is lower than the Energy sector, the industry and its peers average. If we compare it with the Energy sector average of 66.5%, Marathon Petroleum's payout ratio is 62% lower.
Total amount of dividends paid per financial year (from cash flow)
MPC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BP BP plc | 5.07% | $2 | 159.8% |
| CVX Chevron Corp | 3.96% | $6.98 | 121.2% |
| XOM Exxon Mobil Corp | 2.91% | $4.08 | 68.7% |
| PSX Phillips 66 | 2.9% | $4.94 | 48.8% |
| DK Delek US Holdings Inc | 2.35% | $1.02 | N/A |
| VLO Valero Energy Corp | 1.91% | $4.66 | 34% |
| MPC Marathon Petroleum Corp | 1.57% | $3.91 | 25.6% |
Frequently asked questions
Does Marathon Petroleum pay a dividend?
Yes, Marathon Petroleum has been paying dividends for the last 15 years.
When was MPC's last dividend?
Marathon Petroleum's last dividend ex-date was on May 20, 2026. The dividend amount was $1 per share.
How much dividend does Marathon Petroleum pay (per share)?
MPC's annualized dividend per share is $3.91.
What is Marathon Petroleum's dividend yield?
Currently Marathon Petroleum's dividend yield is 1.58%.
How often does Marathon Petroleum pay dividends?
Marathon Petroleum has a quarterly dividend frequency.
What is Marathon Petroleum's dividend payout ratio?
The dividend payout ratio of Marathon Petroleum is 25.6%.
Does Marathon Petroleum pay a good dividend?
Marathon Petroleum's dividend yield is less than the Energy sector average.
Special dividends are included in TTM DPS and yield.