Mplx's last quarterly dividend was on Aug 4, 2022 (ex-date) with a distribution of $0.705 per share. On an annualized basis, the company has a current payout of $2.82 per share. This brings the dividend yield to 9.4% based on its recent close price.
Mplx's dividend yield of 9.4% is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 4.28%, Mplx's dividend yield is 120% higher. The historical 5-year average of MPLX's dividend yield is 9.7%, which is similar to the current yield.
Mplx has been paying dividends since 2013. MPLX has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has grown by 2.5% since one year ago. But with the stock price up by 3.7% from a year ago, the dividend yield marks a decrease of 1.1%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 4, 2022 | Aug 12, 2022 | Jul 26, 2022 | $0.705 | normal |
| May 5, 2022 | May 13, 2022 | Apr 26, 2022 | $0.705 | normal |
| Feb 3, 2022 | Feb 14, 2022 | Jan 25, 2022 | $0.705 | normal |
| Nov 10, 2021 | Nov 19, 2021 | Nov 2, 2021 | $0.705 | normal |
| Nov 10, 2021 | Nov 19, 2021 | Nov 2, 2021 | $0.575 | special |
| Aug 5, 2021 | Aug 13, 2021 | Jun 27, 2021 | $0.688 | normal |
| May 6, 2021 | May 14, 2021 | Apr 27, 2021 | $0.688 | normal |
| Feb 5, 2021 | Feb 12, 2021 | Jan 28, 2021 | $0.688 | normal |
| Nov 5, 2020 | Nov 13, 2020 | Oct 27, 2020 | $0.688 | normal |
| Aug 6, 2020 | Aug 14, 2020 | Jul 28, 2020 | $0.688 | normal |
| May 7, 2020 | May 15, 2020 | Apr 28, 2020 | $0.688 | normal |
| Feb 3, 2020 | Feb 14, 2020 | Jan 23, 2020 | $0.688 | normal |
| Nov 1, 2019 | Nov 14, 2019 | Oct 25, 2019 | $0.678 | normal |
| Aug 2, 2019 | Aug 14, 2019 | Jul 22, 2019 | $0.668 | normal |
| May 8, 2019 | May 15, 2019 | Apr 29, 2019 | $0.658 | normal |
| Feb 4, 2019 | Feb 14, 2019 | Jan 25, 2019 | $0.648 | normal |
| Nov 2, 2018 | Nov 14, 2018 | Oct 26, 2018 | $0.638 | normal |
| Aug 3, 2018 | Aug 14, 2018 | Jul 25, 2018 | $0.628 | normal |
| May 4, 2018 | May 15, 2018 | Apr 25, 2018 | $0.618 | normal |
| Feb 2, 2018 | Feb 14, 2018 | Jan 26, 2018 | $0.608 | normal |
| Nov 3, 2017 | Nov 14, 2017 | Oct 25, 2017 | $0.588 | normal |
| Aug 3, 2017 | Aug 14, 2017 | Jul 26, 2017 | $0.563 | normal |
| May 4, 2017 | May 15, 2017 | Apr 26, 2017 | $0.54 | normal |
| Feb 2, 2017 | Feb 14, 2017 | Jan 25, 2017 | $0.52 | normal |
| Nov 2, 2016 | Nov 14, 2016 | Oct 25, 2016 | $0.515 | normal |
| Jul 29, 2016 | Aug 12, 2016 | Jul 22, 2016 | $0.51 | normal |
| Apr 29, 2016 | May 13, 2016 | Apr 19, 2016 | $0.505 | normal |
| Feb 2, 2016 | Feb 12, 2016 | Jan 25, 2016 | $0.5 | normal |
Mplx's payout ratio of 89.8% is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 47.3%, Mplx's payout ratio is 90% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NS NuStar Energy LP | 11.46% | $1.6 | N/A |
| MPLX Mplx Lp | 9.18% | $2.82 | 89.8% |
| MMP Magellan Midstream Partners LP | 8.59% | $4.15 | 88.9% |
| HEP Holly Energy Partners Lp | 8.18% | $1.4 | 78.2% |
| DKL Delek Logistics Partners LP | 7.48% | $3.89 | 107.8% |
| MPC Marathon Petroleum Corp | 2.28% | $2.32 | 15.4% |
Yes, Mplx has been paying dividends for the last nine years.
MPLX hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2022.
Mplx's last regular dividend was on Aug 4, 2022 (ex-date) with the amount of $0.705 per share.
MPLX's annualized dividend per share is $2.82.
Mplx's current dividend yield is 9.4%.
Mplx has a quarterly dividend frequency.
The dividend payout ratio of Mplx is 89.8%.
Mplx's dividend yield is above the Energy sector average.