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MPLX Mplx dividend history, payout ratio & dates

Mplx's last dividend was on Nov 8, 2024 (ex-date) with a distribution of $0.957 per share. On an annualized basis, the company has a current payout of $3.51 per share. This brings the dividend yield to 7.42% based on its recent close price. The latest dividend has grown by $0.11, or 13% from the previous dividend.

Key dates

  • MPLX last dividend date: Nov 8, 2024
MPLX dividend stats
DPS
$3.51
Dividend yield
7.42%
Payout ratio
82.7%
vs. Energy sector
Dividend yield
4.49%
Payout ratio
56.9%

Dividend yield

What is Mplx current dividend yield

Mplx's dividend yield of 7.42% is above the Energy sector and the industry average. Compared to its Energy sector average of 4.49%, Mplx's dividend yield is 65% higher. The historical 5-year average of MPLX's dividend yield is 10.1%, which is above the current yield.

Dividend history

What is MPLX dividend payout history and dates

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 30% from a year ago, the dividend yield marks a decrease of 15%.

Recent dividends

Ex-date Amount Yield (TTM)
Nov 8, 2024 $0.957 7.63%
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

What is Mplx dividend payout ratio compared to the sector

Payout ratio

Mplx's payout ratio of 82.7% is above the Energy sector and the industry average. Compared to its Energy sector average of 56.9%, Mplx's payout ratio is 45% higher.

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

MPLX dividend vs peer dividends

How does MPLX dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
DKL Delek Logistics Partners LP 10.66% $4.32 152.5%
PAA Plains All American Pipeline Lp 7.5% $1.27 112.4%
MPLX Mplx Lp 7.42% $3.51 82.7%
MPC Marathon Petroleum Corp 2.54% $3.39 26.3%

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 Nov 8, 2024 (ex-date) with the amount of $0.957 per share.

How much dividend does Mplx pay (per share)?

MPLX's annualized dividend per share is $3.51.

What is Mplx's dividend yield?

Mplx's current dividend yield is 7.42%.

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 82.7%.

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.