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Mplx (MPLX) Dividend Yield, Date & History

Mplx logo
$47.28 +1.14 (+2.47%)
(As of 12/20/2024 05:31 PM ET)

Mplx Dividend Summary

Dividend Yield
8.10%
Annual Dividend
$3.83
Recent
Dividend Payment
Nov. 15
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
4.91%
Dividend Payout Ratio
90.33%

Mplx (MPLX) pays an annual dividend of $3.83 per share, with a dividend yield of 8.10%. The next quarterly payment of $0.9565 per share was paid on Friday, November 15, to investors who owned the stock before the ex-dividend date of Friday, November 8. MPLX has grown its dividend for 11 consecutive years, with an average annual increase of 1.61%. The company currently pays out 90.33% of its earnings and 76.39% of its cash flow as dividends.

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MPLX Dividend Payments by Quarter

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

MPLX Dividend Yield Over Time

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

Mplx vs. The Competition

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

TypeMplxEnergy CompaniesNYSE Companies
Annual Dividend$3.83$0.01$1.39
Dividend Yield8.10%11.47%3.57%
Annualized 3-Year Dividend Growth4.91%25.09%15.78%
Track Record11 years30 years24 years

Mplx 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 Earnings90.33%
Based on This Year's Estimate91.63%
Based on Next Year's Estimate89.49%
Based on Cashflow76.39%

Mplx Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/29/2024quarterly$0.9565+$0.1065
12.53%
8.6%11/8/202411/8/202411/15/2024
7/30/2024quarterly$0.85 - 7.9%8/9/20248/9/20248/16/2024
4/23/2024quarterly$0.85 - 8.1%5/2/20245/3/20245/13/2024
1/24/2024quarterly$0.85 - 9%2/2/20242/5/20242/14/2024
10/24/2023quarterly$0.85+$0.0750
9.68%
9.4%11/2/202311/3/202311/13/2023
7/25/2023Quarterly$0.7750 - 8.73%8/3/20238/4/20238/14/2023
4/25/2023quarterly$0.7750 - 8.9%5/4/20235/5/20235/15/2023
1/11/2023quarterly$0.7750 - 8.9%2/3/20232/6/20232/14/2023

This table shows Mplx'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.

Mplx Dividend - Frequently Asked Questions

The current dividend yield for Mplx is 8.10%. Learn more on MPLX's dividend yield history.

The annual dividend for MPLX shares is $3.83. Learn more on MPLX's annual dividend history.

Mplx pays quarterly dividends to shareholders.

Mplx's most recent quarterly dividend payment of $0.9565 per share was made to shareholders on Friday, November 15, 2024.

Mplx's most recent ex-dividend date was Friday, November 8, 2024.

Over the past three years, the company's dividend has grown by an average of 4.91% per year.

Mplx has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.1065 on Tuesday, October 29, 2024.

The dividend payout ratio for MPLX is:
  • 90.33% based on the trailing year of earnings
  • 91.63% based on this year's estimates
  • 89.49% based on next year's estimates
  • 76.39% based on cash flow

Mplx's dividend yield of 7.83% is lower than the average Oils/Energy company that issues a dividend. MPLX has a dividend yield higher than 75% of all dividend-paying stocks 5.6, making it a leading dividend payer. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Mplx's dividend payout ratio of 90.33% may not be sustainable.

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


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