Mplx's last quarterly dividend was on May 4, 2023 (ex-date) with a distribution of $0.775 per share. On an annualized basis, the company has a current payout of $3.03 per share. This brings the dividend yield to 9.09% based on its recent close price.
Mplx's dividend yield of 9.09% is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 4.46%, Mplx's dividend yield is 104% higher. The historical 5-year average of MPLX's dividend yield is 10.0%, which is above the current yield.
Mplx has been paying dividends since 2013. MPLX has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. And with the stock price up by 0.3% from a year ago, the dividend yield has grown by 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 4, 2023 | May 15, 2023 | Apr 25, 2023 | $0.775 | normal |
| Feb 3, 2023 | Feb 14, 2023 | Jan 11, 2023 | $0.775 | normal |
| Nov 14, 2022 | Nov 22, 2022 | Nov 1, 2022 | $0.775 | normal |
| 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 | $0.575 | special |
| Nov 10, 2021 | Nov 19, 2021 | Nov 2, 2021 | $0.705 | normal |
| 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 78.1% is above the Energy sector and the industry average but below its peers average. Compared to its Energy sector average of 36.5%, Mplx's payout ratio is 114% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NS NuStar Energy LP | 9.34% | $1.6 | 134.5% |
| MPLX Mplx Lp | 8.99% | $3.03 | 78.1% |
| HEP Holly Energy Partners Lp | 7.95% | $1.4 | 78.7% |
| DKL Delek Logistics Partners LP | 7.52% | $4.02 | 111.4% |
| MMP Magellan Midstream Partners LP | 6.8% | $4.18 | 75.7% |
| MPC Marathon Petroleum Corp | 2.6% | $2.83 | 8.5% |
Yes, Mplx has been paying dividends for the last ten 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 August 2023.
Mplx's last regular dividend was on May 4, 2023 (ex-date) with the amount of $0.775 per share.
MPLX's annualized dividend per share is $3.03.
Mplx's current dividend yield is 9.09%.
Mplx has a quarterly dividend frequency.
The dividend payout ratio of Mplx is 78.1%.
Mplx's dividend yield is above the Energy sector average.