MPLX LP Stock Dividends
MPLX pays dividends quarterly. Last paid amount was $0.85 at Feb 14, 2024. As of today, dividend yield (TTM) is 11.21%.
Dividend Yield Range
AI Analysis of MPLX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 11.21% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 9.68% |
| Payout Ratio | 0 |
| Amount Per Share | $0.85 |
| Next Ex-Dividend Date | May 02, 2024 |
| Next Payment Date | May 13, 2024 |
MPLX Dividend Payout History
To ensure a understanding of MPLX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | May 02, 2024 | May 13, 2024 | $0.85 | 2.07% |
| 2 | Jan 24, 2024 | Feb 02, 2024 | Feb 14, 2024 | $0.85 | 2.23% |
| 3 | Oct 24, 2023 | Nov 02, 2023 | Nov 13, 2023 | $0.85 | 2.41% |
| 4 | Jul 25, 2023 | Aug 03, 2023 | Aug 14, 2023 | $0.775 | 2.22% |
| 5 | Apr 25, 2023 | May 04, 2023 | May 15, 2023 | $0.775 | 2.29% |
| 6 | Jan 11, 2023 | Feb 03, 2023 | Feb 14, 2023 | $0.775 | 2.24% |
| 7 | Nov 01, 2022 | Nov 14, 2022 | Nov 22, 2022 | $0.775 | 2.28% |
| 8 | Jul 26, 2022 | Aug 04, 2022 | Aug 12, 2022 | $0.705 | 2.17% |
| 9 | Apr 26, 2022 | May 05, 2022 | May 13, 2022 | $0.705 | 2.28% |
| 10 | Jan 25, 2022 | Feb 03, 2022 | Feb 14, 2022 | $0.705 | 2.13% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
MPLX Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MPLX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MPLX stock here.
Comparing MPLX to Sector and Country
MPLX pays a solid dividend yield of 11.21%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.45%). MPLX’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.05%), which means that there are more attractive dividend stocks to consider.
MPLX Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| MPLX LP | 41.541B | $0.85 | 11.21% | 83.98% | |
| Williams Companies | 46.958B | $0.475 | 5.28% | 68.54% | |
| Valero Energy | 51.45B | $1.07 | 3.97% | 20.38% |
