MRO Marathon Oil dividend history, payout ratio & dates
Marathon Oil's most recent dividend was on Nov 15, 2024 (ex-date) with a cash dividend payment of $0.11 per share. On an annualized basis, the company has a current payout of $0.44 per share. This brings the dividend yield to 1.54% based on its recent close price.
Key dates
- MRO last dividend date: Nov 15, 2024
MRO dividend stats
vs. Energy sector
Dividend yield
Marathon Oil's dividend yield of 1.54% is lower than the Energy sector, the industry and its peers average. If we compare it with the Energy sector average of 4.03%, Marathon Oil's dividend yield is 62% lower. The historical 5-year average of MRO's dividend yield is 1.3%, which is less than the current one.
Dividend history
Marathon Oil has been paying dividends since 1994. MRO has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 7% for the last twelve months. But since the stock price has gone up by 13% from a year ago, the dividend yield has decreased by 4.9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 15, 2024 | $0.11 | 1.54% |
| Aug 21, 2024 | $0.11 | 1.59% |
| May 14, 2024 | $0.11 | 1.62% |
| Feb 20, 2024 | $0.11 | 1.81% |
| Nov 14, 2023 | $0.11 | 1.6% |
| Aug 15, 2023 | $0.1 | 1.51% |
| May 16, 2023 | $0.1 | 1.68% |
| Feb 14, 2023 | $0.1 | 1.29% |
| Nov 15, 2022 | $0.09 | 0.97% |
| Aug 16, 2022 | $0.08 | 1.26% |
| May 17, 2022 | $0.08 | 0.92% |
| Feb 15, 2022 | $0.07 | 1.07% |
| Nov 16, 2021 | $0.06 | 1.08% |
| Aug 17, 2021 | $0.05 | 1.31% |
| May 18, 2021 | $0.04 | 0.84% |
| Feb 16, 2021 | $0.03 | 0.63% |
| Nov 17, 2020 | $0.03 | 1.45% |
| Feb 18, 2020 | $0.05 | 1.94% |
| Nov 19, 2019 | $0.05 | 1.75% |
| Aug 20, 2019 | $0.05 | 1.58% |
| May 14, 2019 | $0.05 | 1.29% |
| Feb 19, 2019 | $0.05 | 1.17% |
| Nov 20, 2018 | $0.05 | 1.26% |
| Aug 14, 2018 | $0.05 | 0.98% |
| May 15, 2018 | $0.05 | 0.94% |
| Feb 20, 2018 | $0.05 | 1.26% |
| Nov 14, 2017 | $0.05 | 1.35% |
| Aug 14, 2017 | $0.05 | 1.72% |
| May 15, 2017 | $0.05 | 1.38% |
| Feb 13, 2017 | $0.05 | 1.25% |
| Nov 14, 2016 | $0.05 | 1.34% |
| Aug 15, 2016 | $0.05 | 1.34% |
| May 16, 2016 | $0.05 | 2.82% |
| Feb 12, 2016 | $0.05 | 6.94% |
| Nov 16, 2015 | $0.05 | 3.81% |
| Aug 17, 2015 | $0.21 | 4.84% |
| May 18, 2015 | $0.21 | 3.03% |
| Feb 13, 2015 | $0.21 | 2.78% |
Marathon Oil dividend payout ratio
Payout ratio
Marathon Oil's payout ratio of 18.9% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 56.2%, Marathon Oil's payout ratio is 66% lower.
Total amount of dividends paid per financial year (from cash flow)
MRO dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BP BP plc | 6.21% | $1.83 | 179.6% |
| CVX Chevron Corp | 4.03% | $6.52 | 71.3% |
| MUR Murphy Oil Corp | 3.62% | $1.2 | 38.5% |
| XOM Exxon Mobil Corp | 3.15% | $3.84 | 47.8% |
| DVN Devon Energy Corp | 3.13% | $1.21 | 22.3% |
| COP Conocophillips | 2.45% | $2.74 | 32.5% |
| OXY Occidental Petroleum Corp | 1.63% | $0.84 | 20.5% |
| MRO Marathon Oil Corp | 1.54% | $0.44 | 18.9% |
| HES Hess Corp | 1.23% | $1.81 | 21.1% |
Frequently asked questions
Does Marathon Oil pay a dividend?
Yes, Marathon Oil has been paying dividends for the last 30 years.
When was MRO's last dividend?
Marathon Oil's last regular dividend was on Nov 15, 2024 (ex-date) with the amount of $0.11 per share.
How much dividend does Marathon Oil pay (per share)?
MRO's annualized dividend per share is $0.44.
What is Marathon Oil's dividend yield?
Marathon Oil's current dividend yield is 1.54%.
How often does Marathon Oil pay dividends?
Marathon Oil has a quarterly dividend frequency.
What is Marathon Oil's dividend payout ratio?
The dividend payout ratio of Marathon Oil is 18.9%.
Does Marathon Oil pay a good dividend?
Marathon Oil's dividend yield is less than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.