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NYSE: MPC
Marathon Petroleum Corp Stock Dividend Yield & Dates

MPC dividend stability and growth

Last Dividend per share
$0.8250
Forward Dividend yield
2.01%
MPC's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
MPC dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

MPC dividend yield vs industry/market

Company
1.58%
Industry
6.37%
MPC dividends (1.58%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MPC dividends (1.58%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MPC dividend payout ratio

Marathon Petroleum Corp paid out 13.3% of its earnings over the trailing twelve months.
Retained earnings
86.7%
Payout ratio
13.3%
MPC earnings ($9.68B) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MPC vs Oil & Gas Refining & Marketing Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MPC1.58%Yes0+13.30%
PSX2.67%Yes0+27.00%
VLO2.47%Yes0+20.30%
DINO3.21%No3+21.70%
IEP28.95%No1-342.90%

MPC dividend dates

Next dividend payment date
Jun 10, 2024
Next ex-dividend date
May 15, 2024

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Marathon Petroleum Dividends FAQ

Does Marathon Petroleum pay a dividend?

Yes, MPC has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Marathon Petroleum stock.

What is Marathon Petroleum's Dividend Payment Date?

Marathon Petroleum's next dividend payment date is on 2024-06-10, when Marathon Petroleum shareholders who owned MPC shares before 2024-05-15 will receive a dividend payment of $0.8250 per share. Add MPC to your watchlist to be reminded of MPC's next dividend payment.

Is Marathon Petroleum's dividend stable?

Yes, MPC's dividend has been stable for the last 10 years.

Does Marathon Petroleum have sufficient earnings to cover their dividend?

Yes, MPC's past year earnings per share was $23.73, and their annual dividend per share is $3.15. MPC's dividend payout ratio is 13.3%, which is sustainable.

How much is Marathon Petroleum's dividend?

MPC pays a dividend of $3.15 per share. MPC's annual dividend yield is 1.58%. Marathon Petroleum's dividend is lower than the US industry average of 6.37%, and it is lower than the US market average of 4.19%.

What is Marathon Petroleum's Ex-Dividend Date?

Marathon Petroleum's upcoming ex-dividend date is on 2024-05-15. Marathon Petroleum shareholders who own MPC stock before this date will receive Marathon Petroleum's next dividend payment of $0.8250 per share on 2024-06-10. Add MPC to your watchlist to be reminded before MPC's ex-dividend date.

Is Marathon Petroleum's dividend showing long-term growth?

Yes, MPC's' dividend has been growing over the last 10 years.
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