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NYSE: MPLX
Mplx LP Stock Dividend Yield & Dates

MPLX dividend stability and growth

Last Dividend per share
$0.8500
Forward Dividend yield
9.08%
MPLX's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
MPLX dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

MPLX dividend yield vs industry/market

Company
7.76%
Industry
5.94%
MPLX dividends (7.76%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MPLX dividends (7.76%) are in... subscribe to Premium to read more.
Top 25% Dividend Dividend

MPLX dividend payout ratio

Mplx LP paid out 85.5% of its earnings over the trailing twelve months.
Retained earnings
14.5%
Payout ratio
85.5%
MPLX earnings ($3.83B) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MPLX vs Oil & Gas Midstream Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MPLX7.76%No1+85.50%
KMI6.01%No1+103.70%
TRP8.47%No1+136.50%
LNG1.04%0+4.00%
OKE4.74%Yes0+70.20%

MPLX dividend dates

Next dividend payment date
May 13, 2024
Next ex-dividend date
May 2, 2024

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Mplx Dividends FAQ

Does Mplx pay a dividend?

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


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

What is Mplx's Dividend Payment Date?

Mplx's next dividend payment date is on 2024-05-13, when Mplx shareholders who owned MPLX shares before 2024-05-02 will receive a dividend payment of $0.8500 per share. Add MPLX to your watchlist to be reminded of MPLX's next dividend payment.

Is Mplx's dividend stable?

No, MPLX's dividend has not been stable over the last 10 years

Does Mplx have sufficient earnings to cover their dividend?

Yes, MPLX's past year earnings per share was $3.80, and their annual dividend per share is $3.25. MPLX's dividend payout ratio is 85.5%, which is sustainable.

How much is Mplx's dividend?

MPLX pays a dividend of $3.25 per share. MPLX's annual dividend yield is 7.76%. Mplx's dividend is higher than the US industry average of 5.94%, and it is higher than the US market average of 4.19%.

What is Mplx's Ex-Dividend Date?

Mplx's upcoming ex-dividend date is on 2024-05-02. Mplx shareholders who own MPLX stock before this date will receive Mplx's next dividend payment of $0.8500 per share on 2024-05-13. Add MPLX to your watchlist to be reminded before MPLX's ex-dividend date.

Is Mplx's dividend showing long-term growth?

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