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Marathon Petroleum (MPC) Dividend Yield, Date & History

Marathon Petroleum logo
$133.38 +1.73 (+1.31%)
(As of 12/20/2024 05:31 PM ET)

Marathon Petroleum Dividend Summary

Dividend Yield
2.73%
Annual Dividend
$3.64
Recent
Dividend Payment
Dec. 10
Annualized 3-Year
Dividend Growth
9.85%
Dividend Payout Ratio
28.84%

Marathon Petroleum (MPC) pays an annual dividend of $3.64 per share, with a dividend yield of 2.73%. The next quarterly payment of $0.91 per share was paid on Tuesday, December 10, to investors who owned the stock before the ex-dividend date of Wednesday, November 20. The company currently pays out 28.84% of its earnings and 11.68% of its cash flow as dividends.

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MPC Dividend Payments by Quarter

The chart below displays up to four years of Marathon Petroleum's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MPC Dividend Yield Over Time

The chart below tracks Marathon Petroleum's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Marathon Petroleum vs. The Competition

Compare Marathon Petroleum's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeMarathon PetroleumEnergy CompaniesNYSE Companies
Annual Dividend$3.64$0.00$1.39
Dividend Yield2.73%11.67%3.59%
Annualized 3-Year Dividend Growth9.85%25.09%15.78%

Marathon Petroleum Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings28.84%
Based on This Year's Estimate38.44%
Based on Next Year's Estimate37.49%
Based on Cashflow11.68%

Marathon Petroleum Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/30/2024quarterly$0.91+$0.0850
10.30%
2.51%11/20/202411/20/202412/10/2024
7/31/2024quarterly$0.8250 - 1.85%8/21/20248/21/20249/10/2024
4/24/2024quarterly$0.8250 - 1.67%5/15/20245/16/20246/10/2024
1/26/2024quarterly$0.8250 - 2.06%2/20/20242/21/20243/11/2024
10/25/2023quarterly$0.8250+$0.0750
10.00%
2.24%11/15/202311/16/202312/11/2023
7/26/2023quarterly$0.75 - 2.31%8/15/20238/16/20239/11/2023
4/26/2023quarterly$0.75 - 2.43%5/16/20235/17/20236/12/2023
1/27/2023quarterly$0.75 - 2.25%2/15/20232/16/20233/10/2023

This table shows Marathon Petroleum's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Marathon Petroleum Dividend - Frequently Asked Questions

The current dividend yield for Marathon Petroleum is 2.73%. Learn more on MPC's dividend yield history.

The annual dividend for MPC shares is $3.64. Learn more on MPC's annual dividend history.

Marathon Petroleum pays quarterly dividends to shareholders.

Marathon Petroleum's most recent quarterly dividend payment of $0.91 per share was made to shareholders on Tuesday, December 10, 2024.

Marathon Petroleum's most recent ex-dividend date was Wednesday, November 20, 2024.

Over the past three years, the company's dividend has grown by an average of 9.85% per year.

The most recent change in the company's dividend was an increase of $0.0850 on Wednesday, October 30, 2024.

The dividend payout ratio for MPC is:
  • 28.84% based on the trailing year of earnings
  • 38.44% based on this year's estimates
  • 37.49% based on next year's estimates
  • 11.68% based on cash flow

Marathon Petroleum's dividend yield of 2.50% is lower than the average Oils/Energy company that issues a dividend. Marathon Petroleum's dividend payout ratio of 28.84% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Marathon Petroleum stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:MPC) was last updated on 12/21/2024 by MarketBeat.com Staff
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