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MPC Marathon Petroleum Corp Dividend

Marathon Petroleum's latest quarterly cash dividend of $0.58 per share was issued to shareholders on record before Aug 17, 2021. The dividend distribution stands at $2.32 per share annually, which comes to a dividend yield of 3.47%.

MPC next dividend date: Not announced

MPC
DPS
$2.32
Dividend yield
3.47%
Payout ratio
19.6%
Energy sector
Dividend yield
3.42%
Payout ratio
77.6%

Dividend yield

MPC has a dividend yield of 3.47% which is above the Energy sector and the industry average but below its peers average.

Dividend history

Marathon Petroleum has been paying dividends for the last ten years. Our records show that MPC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.2% since twelve months ago. However with the price of the stock up by 127% from a year ago, the dividend yield has a decrease of 55%.

Recent dividends

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

Dividend payouts

Payout ratio

MPC has a payout ratio of 19.6% which is lower than the Energy sector and the industry average.

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