MPLX Dividend History & Analysis | 7.9% Yield

MPLX has a dividend yield of 7.9% and paid 4.19 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 7.94%
Payout Ratio 93.1%
Growth Rate CAGR 5y 7.8%
Consistency Lifetime 100%
Yield on Cost 5y 22.7%
Payout FCF 102.6%
Streak Years 5
Dividend Rating 78.9%
Chowder Number yield + growth 15.7% meets 12% target for healthy growth
Yield vs Average 5y -5.5% avg 8.4% vs now 7.94%
Debt / EBITDA leverage 3.5x moderate
Income per 10k invested 794 USD per year
Dividends Cash Amount per Share Yearly MPLX annual dividends paid per share, showing the total cash MPLX distributed to shareholders each year.
Dividend Growth Year over Year MPLX year-over-year dividend growth rate, showing how MPLX's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History MPLX dividend yield history versus share price over the past 5 years, showing how MPLX's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
INSW NYSE
International Seaways
4,568 M 12.30% 80.10%
BWLPG OL
BW G
3,332 M 11.72% 78.63%
BWLP NYSE
BW G
3,234 M 12.17% 77.05%
LPG NYSE
Dorian G
1,901 M 11.47% 75.85%
TK NYSE
Teekay
975 M 8.08% 68.01%
FRO OL
Frontline
8,440 M 9.83% 63.87%
FRO NYSE
Frontline
8,649 M 9.91% 58.27%
TRMD-A CO
TORM
3,062 M 9.70% 53.09%
NAT NYSE
Nordic American Tankers
1,366 M 14.13% 37.66%
HAFN NYSE
Hafnia
3,798 M 10.90% 37.86%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DHT NYSE
DHT Holdings
2,881 M 67.94% 83.8%
EE NYSE
Excelerate Energy
4,503 M 60.03% 100.0%
STNG NYSE
Scorpio Tankers
3,956 M 51.81% 100.0%
INSW NYSE
International Seaways
4,568 M 58.14% 80.9%
TRGP NYSE
Targa Resources
61,298 M 41.74% 91.7%
TEN NYSE
Tsakos Energy Navigation
1,187 M 44.25% 93.9%
PBA NYSE
Pembina Pipeline
29,485 M 40.45% 99.9%
NAT NYSE
Nordic American Tankers
1,366 M 46.08% 85.5%
GTT PA
Gaztransport & Technigaz SAS
8,246 M 35.67% 100.0%
UGP NYSE
Ultrapar Participacoes
6,712 M 33.24% 93.3%

MPLX Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 2.11% 100
Mar - -
Apr - -
May 2.08% 100
Jun - -
Jul - -
Aug 2.19% 100
Sep - -
Oct - -
Nov 2.63% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-08 2026-05-08 2026-05-15 Quarterly 1.077 0% 1.95%
2026-02-09 2026-02-09 2026-02-17 Quarterly 1.077 0% 1.97%
2025-11-07 2025-11-07 2025-11-14 Quarterly 1.077 +12.5% 2.13%
2025-08-08 2025-08-08 2025-08-15 Quarterly 0.957 0% 1.9%
2025-05-09 2025-05-09 2025-05-16 Quarterly 0.957 0% 1.95%
2025-02-03 2025-02-03 2025-02-14 Quarterly 0.957 0% 1.9%
2024-11-08 2024-11-08 2024-11-15 Quarterly 0.957 +12.6% 2.07%
2024-08-09 2024-08-09 2024-08-16 Quarterly 0.85 0% 2.06%
2024-05-02 2024-05-03 2024-05-13 Quarterly 0.85 0% 2.08%
2024-02-02 2024-02-05 2024-02-14 Quarterly 0.85 0% 2.24%
2023-11-02 2023-11-03 2023-11-13 Quarterly 0.85 +9.7% 2.41%
2023-08-03 2023-08-04 2023-08-14 Quarterly 0.775 0% 2.23%
2023-05-04 2023-05-05 2023-05-15 Quarterly 0.775 0% 2.28%
2023-02-03 2023-02-06 2023-02-14 Quarterly 0.775 0% 2.27%
2022-11-14 2022-11-15 2022-11-22 Quarterly 0.775 +9.9% 2.34%
2022-08-04 2022-08-05 2022-08-12 Quarterly 0.705 0% 2.25%
2022-05-05 2022-05-06 2022-05-13 Quarterly 0.705 0% 2.12%
2022-02-03 2022-02-04 2022-02-14 Quarterly 0.705 -44.9% 2.16%
2021-11-10 2021-11-12 2021-11-19 Quarterly 1.28 +86% 4.19%
2021-08-05 2021-08-06 2021-08-13 Quarterly 0.688 0% 2.49%

MPLX Dividend FAQ

What is the Dividend Yield of MPLX?

As of July 2026, MPLX's dividend yield is 7.94%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.19 USD by the current share price of 58.36.

Does MPLX pay a dividend?

As of July 2026, MPLX paid a dividend of 4.19 USD in the last 12 months. The last dividend was paid on 2026-05-08 and the payout was 1.077 USD.

How often does MPLX pay dividends?

MPLX pays dividends quarterly. Over the last 12 months, MPLX has issued 4 dividend payments. The last dividend payment was made on 2026-05-08.

MPLX dividend forecast

Based on historical data, the forecasted dividends per share for MPLX for the next payments are between 0.973 (-9.7%) and 1.126 (+4.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 7.25%.

Will MPLX pay dividends in 2026?

The latest dividend paid per share was 1.077 USD with an Ex-Dividend Date of 2026-05-08. The next Ex-Dividend date for MPLX (MPLX) is currently unknown.

What is the next Ex-Dividend Date for MPLX?

The next Ex-Dividend date for MPLX (MPLX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MPLX?

MPLX's average dividend growth rate over the past 5 years is 7.79% per year. Strong growth: MPLX's dividend growth is outpacing inflation.

What is the Yield on Cost of MPLX?

MPLX's 5-Year Yield on Cost is 22.7%. If you bought MPLX's shares at 18.46 USD five years ago, your current annual dividend income (4.19 USD per share, trailing 12 months) equals 22.7% of your original purchase price.

What is the Payout Consistency of MPLX?

MPLX Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: MPLX has a strong track record of consistent dividend payments over its lifetime.

Does MPLX have a good Dividend Yield?

MPLX's 7.94% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of MPLX?

The Dividend Payout Ratio of MPLX is 93.1%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of MPLX?

MPLX's Overall Dividend Rating is 78.86%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MPLX Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in MPLX's Outstanding Shares?

MPLX's outstanding shares have increased by approximately 0.62% annually over the past 3 years (Trend Reliability: 57.3%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has MPLX ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2011 36,951,500 0%
2012 74,000,000 +100.26%
2013 74,000,000 0%
2014 75,700,000 +2.3%
2015 146,000,000 +92.87%
2016 356,000,000 +143.84%
2017 407,000,000 +14.33%
2018 794,000,000 +95.09%
2019 1,058,000,000 +33.25%
2020 1,040,000,000 -1.7%
2021 1,019,000,000 -2.02%
2022 1,003,000,000 -1.57%
2023 1,003,000,000 0%
2024 1,019,000,000 +1.6%
2025 1,017,000,000 -0.2%
2026 1,017,000,000 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-27 02:06 UTC