MPLX Mplx dividend history, payout ratio & dates
Mplx's last dividend was on Aug 9, 2024 (ex-date) with a distribution of $0.85 per share. On an annualized basis, the company has a current payout of $3.4 per share. This brings the dividend yield to 7.6% based on its recent close price.
Key dates
- MPLX last dividend date: Aug 9, 2024
MPLX dividend stats
vs. Energy sector
Dividend yield
Mplx's dividend yield of 7.6% is above the Energy sector and the industry average. Compared to its Energy sector average of 4.49%, Mplx's dividend yield is 69% higher. The historical 5-year average of MPLX's dividend yield is 10.2%, which is above the current yield.
Dividend history
Mplx has been paying dividends since 2013. MPLX has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 10% since one year ago. But with the stock price up by 25% from a year ago, the dividend yield marks a decrease of 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 9, 2024 | $0.85 | 8.34% |
| May 2, 2024 | $0.85 | 8.09% |
| Feb 2, 2024 | $0.85 | 8.68% |
| Nov 2, 2023 | $0.85 | 8.89% |
| Aug 3, 2023 | $0.775 | 8.97% |
| May 4, 2023 | $0.775 | 8.91% |
| Feb 3, 2023 | $0.775 | 8.68% |
| Nov 14, 2022 | $0.775 | 8.6% |
| Aug 4, 2022 | $0.705 | 9.24% |
| May 5, 2022 | $0.705 | 8.65% |
| Feb 3, 2022 | $0.705 | 8.37% |
| Nov 10, 2021 | $0.705 | 9% |
| Aug 5, 2021 | $0.688 | 9.97% |
| May 6, 2021 | $0.688 | 9.72% |
| Feb 5, 2021 | $0.688 | 11.67% |
| Nov 5, 2020 | $0.688 | 15.16% |
| Aug 6, 2020 | $0.688 | 14.79% |
| May 7, 2020 | $0.688 | 16.41% |
| Feb 3, 2020 | $0.688 | 11.69% |
| Nov 1, 2019 | $0.678 | 10.23% |
| Aug 2, 2019 | $0.668 | 9.04% |
| May 8, 2019 | $0.658 | 8.28% |
| Feb 4, 2019 | $0.648 | 7.18% |
| Nov 2, 2018 | $0.638 | 7.55% |
| Aug 3, 2018 | $0.628 | 6.58% |
| May 4, 2018 | $0.618 | 6.79% |
| Feb 2, 2018 | $0.608 | 6.32% |
| Nov 3, 2017 | $0.588 | 6.48% |
| Aug 3, 2017 | $0.563 | 6.05% |
| May 4, 2017 | $0.54 | 6.26% |
| Feb 2, 2017 | $0.52 | 5.45% |
| Nov 2, 2016 | $0.515 | 6.16% |
| Jul 29, 2016 | $0.51 | 6.12% |
| Apr 29, 2016 | $0.505 | 5.95% |
| Feb 2, 2016 | $0.5 | 6.25% |
| Oct 30, 2015 | $0.47 | 4.39% |
| Jul 31, 2015 | $0.44 | 2.86% |
| May 1, 2015 | $0.41 | 1.93% |
| Jan 30, 2015 | $0.383 | 1.77% |
Mplx dividend payout ratio
Payout ratio
Mplx's payout ratio of 82.5% is above the Energy sector and the industry average. Compared to its Energy sector average of 49.2%, Mplx's payout ratio is 68% higher.
Total amount of dividends paid per financial year (from cash flow)
MPLX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DKL Delek Logistics Partners LP | 11.05% | $4.26 | 145.9% |
| MPLX Mplx Lp | 7.57% | $3.4 | 82.5% |
| PAA Plains All American Pipeline Lp | 7.29% | $1.22 | 109.9% |
| MPC Marathon Petroleum Corp | 2.28% | $3.3 | 17.1% |
Frequently asked questions
Does Mplx pay a dividend?
Yes, Mplx has been paying dividends for the last 11 years.
When was MPLX's last dividend?
Mplx's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.85 per share.
How much dividend does Mplx pay (per share)?
MPLX's annualized dividend per share is $3.4.
What is Mplx's dividend yield?
Mplx's current dividend yield is 7.6%.
How often does Mplx pay dividends?
Mplx has a quarterly dividend frequency.
What is Mplx's dividend payout ratio?
The dividend payout ratio of Mplx is 82.5%.
Does Mplx pay a good dividend?
Mplx's dividend yield is above the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.