Marathon Petroleum (MPC) Dividend Yield, Date & History

$164.67

+0.80 (+0.49%)

(As of 09/18/2024 ET)

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Dividend Yield: 2.00%
Annual Dividend: $3.30
Annualized 3-Year Dividend Growth: 9.85%
Dividend Payout Ratio: 16.48%
Recent Dividend Payment: Sep. 10

MPC Dividend Payments

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MPC Dividend Yield Over Time

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Marathon Petroleum vs. The Competition

Type	Marathon Petroleum	Energy Companies	NYSE Companies
Annual Dividend	$3.30	$0.98	$1.39
Dividend Yield	2.00%	1,234.73%	353.10%
Annualized 3-Year Dividend Growth	9.85%	26.52%	15.90%

Marathon Petroleum Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	16.48%
Based on This Year's Estimates	26.03%
Based on Next Year's Estimates	22.27%
Based on Cashflow	9.36%

Marathon Petroleum Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/31/2024	quarterly	$0.8250	1.85%	8/21/2024	8/21/2024	9/10/2024
4/24/2024	quarterly	$0.8250	1.67%	5/15/2024	5/16/2024	6/10/2024
1/26/2024	quarterly	$0.8250	2.06%	2/20/2024	2/21/2024	3/11/2024
10/25/2023	quarterly	$0.8250	2.24%	11/15/2023	11/16/2023	12/11/2023
7/26/2023	quarterly	$0.75	2.31%	8/15/2023	8/16/2023	9/11/2023
4/26/2023	quarterly	$0.75	2.43%	5/16/2023	5/17/2023	6/12/2023
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1/27/2023	quarterly	$0.75	2.25%	2/15/2023	2/16/2023	3/10/2023
11/1/2022	quarterly	$0.75	2.64%	11/15/2022	11/16/2022	12/12/2022
7/27/2022	quarterly	$0.58	2.61%	8/16/2022	8/17/2022	9/12/2022
4/27/2022	quarterly	$0.58	2.66%	5/17/2022	5/18/2022	6/10/2022
1/27/2022	quarterly	$0.58	3.23%	2/15/2022	2/16/2022	3/10/2022
10/27/2021	quarterly	$0.58	3.51%	11/16/2021	11/17/2021	12/10/2021
7/28/2021	quarterly	$0.58	4.2%	8/17/2021	8/18/2021	9/10/2021
4/28/2021	quarterly	$0.58	4.18%	5/18/2021	5/19/2021	6/10/2021
1/29/2021	quarterly	$0.58	5.38%	2/16/2021	2/17/2021	3/10/2021
10/28/2020	quarterly	$0.58	8.44%	11/17/2020	11/18/2020	12/10/2020
7/29/2020	quarterly	$0.58	5.81%	8/18/2020	8/19/2020	9/10/2020
4/29/2020	quarterly	$0.58	7.02%	5/19/2020	5/20/2020	6/10/2020
1/28/2020	quarterly	$0.58	4.4%	2/18/2020	2/19/2020	3/10/2020
10/30/2019	Quarterly	$0.53	3.19%	11/19/2019	11/20/2019	12/10/2019
7/31/2019	quarterly	$0.53	3.75%	8/20/2019	8/21/2019	9/10/2019
4/24/2019	quarterly	$0.53	3.54%	5/15/2019	5/16/2019	6/10/2019
1/28/2019	quarterly	$0.53	3.31%	2/19/2019	2/20/2019	3/11/2019
10/31/2018	quarterly	$0.46	2.57%	11/20/2018	11/21/2018	12/10/2018
7/25/2018	quarterly	$0.46	2.47%	8/15/2018	8/16/2018	9/10/2018
4/25/2018	quarterly	$0.46	2.34%	5/15/2018	5/16/2018	6/11/2018
1/29/2018	quarterly	$0.46	2.52%	2/20/2018	2/21/2018	3/12/2018
10/26/2017	quarterly	$0.40	2.79%	11/15/2017	11/16/2017	12/11/2017
7/27/2017	Quarterly	$0.40	2.91%	8/14/2017	8/16/2017	9/11/2017
4/27/2017	quarterly	$0.36	2.82%	5/15/2017	5/17/2017	6/12/2017
1/27/2017	Quarterly	$0.36	2.98%	2/14/2017	2/16/2017	3/10/2017
10/27/2016	quarterly	$0.36	3.36%	11/14/2016	11/16/2016	12/12/2016
7/27/2016	quarterly	$0.36	3.77%	8/15/2016	8/17/2016	9/12/2016
4/28/2016	quarterly	$0.32	3.12%	5/16/2016	5/18/2016	6/10/2016
2/1/2016	quarterly	$0.32		2/12/2016	2/17/2016	3/10/2016
10/28/2015	quarterly	$0.32	2.5%	11/17/2015	11/18/2015	12/10/2015
7/29/2015	quarterly	$0.32	2.37%	8/17/2015	8/19/2015	9/10/2015
4/29/2015	quarterly	$0.50	2.03%	5/18/2015	5/20/2015	6/10/2015
2/2/2015		$0.50		2/13/2015	2/18/2015	3/10/2015
10/29/2014	quarterly	$0.50	2.21%	11/17/2014	11/19/2014	12/10/2014
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7/30/2014	quarterly	$0.50	2.39%	8/18/2014	8/20/2014	9/10/2014
5/1/2014	quarterly	$0.42	1.76%	5/19/2014	5/21/2014	6/10/2014
1/27/2014	quarterly	$0.42	2.02%	2/14/2014	2/19/2014	3/10/2014
11/1/2013	quarterly	$0.42	2.37%	11/18/2013	11/20/2013	12/10/2013
8/1/2013	quarterly	$0.42	2.24%	8/19/2013	8/21/2013	9/10/2013
4/25/2013	quarterly	$0.35	1.72%	5/14/2013	5/16/2013	6/10/2013
1/30/2013	quarterly	$0.35	1.89%	2/15/2013	2/20/2013	3/11/2013

(Data available from 1/1/2013 forward)

Marathon Petroleum Dividend - Frequently Asked Questions

What is Marathon Petroleum's dividend yield?: The current dividend yield for Marathon Petroleum is 2.00%. Learn more on MPC's dividend yield history.
How much is Marathon Petroleum's annual dividend?: The annual dividend for MPC shares is $3.30. Learn more on MPC's annual dividend history.
How often does Marathon Petroleum pay dividends?: Marathon Petroleum pays quarterly dividends to shareholders.
When was Marathon Petroleum's most recent dividend payment?: Marathon Petroleum's most recent quarterly dividend payment of $0.8250 per share was made to shareholders on Tuesday, September 10, 2024.
When was Marathon Petroleum's most recent ex-dividend date?: Marathon Petroleum's most recent ex-dividend date was Wednesday, August 21, 2024.
Is Marathon Petroleum's dividend growing?: Over the past three years, the company's dividend has grown by an average of 9.85% per year.
When did Marathon Petroleum last increase or decrease its dividend?: The most recent change in the company's dividend was an increase of $0.0750 on Wednesday, October 25, 2023.
What is Marathon Petroleum's dividend payout ratio?: The dividend payout ratio for MPC is:
16.48% based on the trailing year of earnings

26.03% based on this year's estimates

22.27% based on next year's estimates

9.36% based on cash flow
Is Marathon Petroleum a good dividend stock?: Marathon Petroleum's dividend yield of 2.04% is lower than the average Oils/Energy company that issues a dividend. Marathon Petroleum's dividend payout ratio of 16.48% is at a healthy, sustainable level, below 75% of its earnings.