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MPLX Lp Β· NYSE
Price: $58.11 Β· Annual div: $4.31/share Β· Frequency: quarterly Β· Payout ratio: 89% Β· Ex-div: 2026-08-07
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Year your monthly dividend income covers each expense (based on current settings)
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-08-07Latest | 2026-08-14 | $1.0765 | 8.93% | $58.91 |
| 2026-05-08 | 2026-05-15 | $1.0765 | 9.08% | $56.61 |
| 2026-02-09 | 2026-02-17 | $1.0765 | 7.35% | $55.32 |
| 2025-11-07 | 2025-11-14 | $1.0765 | 9.64% | $50.85 |
| 2025-08-08 | 2025-08-15 | $0.9565 | 9.02% | $51.85 |
| 2025-05-09 | 2025-05-16 | $0.9565 | 7.31% | $50.86 |
| 2025-02-03 | 2025-02-14 | $0.9565 | 7.03% | $51.41 |
| 2024-11-08 | 2024-11-15 | $0.9565 | 7.93% | $44.21 |
| 2024-08-09 | 2024-08-16 | $0.8500 | 7.98% | $42.58 |
| 2024-05-02 | 2024-05-13 | $0.8500 | 9.86% | $41.59 |
| 2024-02-02 | 2024-02-14 | $0.8500 | 10.36% | $38.85 |
| 2023-11-02 | 2023-11-13 | $0.8500 | 10.95% | $36.06 |
| 2023-08-03 | 2023-08-14 | $0.7750 | 10.71% | $35.53 |
| 2023-05-04 | 2023-05-15 | $0.7750 | 10.71% | $34.88 |
| 2023-02-03 | 2023-02-14 | $0.7750 | 8.51% | $34.80 |
| 2022-11-14 | 2022-11-22 | $0.7750 | 8.38% | $34.49 |
| 2022-08-04 | 2022-08-12 | $0.7050 | 12.62% | $32.36 |
| 2022-05-05 | 2022-05-13 | $0.7050 | 12.54% | $32.41 |
| 2022-02-03 | 2022-02-14 | $0.7050 | 11.96% | $33.84 |
| 2021-11-10 | 2021-11-19 | $1.2800 | 10.92% | $30.61 |
| 2021-08-05 | 2021-08-13 | $0.6875 | 12.25% | $28.05 |
| 2021-05-06 | 2021-05-14 | $0.6875 | 12.59% | $27.31 |
| 2021-02-05 | 2021-02-12 | $0.6875 | 11.81% | $23.29 |
| 2020-11-05 | 2020-11-13 | $0.6875 | β | β |
| 2020-08-06 | 2020-08-14 | $0.6875 | β | β |
| 2020-05-07 | 2020-05-15 | $0.6875 | β | β |
| 2020-02-03 | 2020-02-14 | $0.6875 | β | β |
| 2019-11-01 | 2019-11-14 | $0.6775 | β | β |
| 2019-08-02 | 2019-08-14 | $0.6675 | β | β |
| 2019-05-08 | 2019-05-15 | $0.6575 | β | β |
| 2019-02-04 | 2019-02-14 | $0.6475 | β | β |
| 2018-11-02 | 2018-11-14 | $0.6375 | β | β |
| 2018-08-03 | 2018-08-14 | $0.6275 | β | β |
| 2018-05-04 | 2018-05-15 | $0.6175 | β | β |
| 2018-02-02 | 2018-02-14 | $0.6075 | β | β |
| 2017-11-03 | 2017-11-14 | $0.5875 | β | β |
| 2017-08-03 | 2017-08-14 | $0.5625 | β | β |
| 2017-05-04 | 2017-05-15 | $0.5400 | β | β |
| 2017-02-02 | 2017-02-14 | $0.5200 | β | β |
| 2016-11-02 | 2016-11-14 | $0.5150 | β | β |
| 2016-07-29 | 2016-08-12 | $0.5100 | β | β |
| 2016-04-29 | 2016-05-13 | $0.5050 | β | β |
| 2016-02-02 | 2016-02-12 | $0.5000 | β | β |
| 2015-10-30 | 2015-11-13 | $0.4700 | β | β |
| 2015-07-31 | 2015-08-14 | $0.4400 | β | β |
| 2015-05-01 | 2015-05-15 | $0.4100 | β | β |
| 2015-01-30 | 2015-02-13 | $0.3825 | β | β |
| 2014-10-31 | 2014-11-14 | $0.3575 | β | β |
| 2014-07-31 | 2014-08-14 | $0.3425 | β | β |
| 2014-05-01 | 2014-05-15 | $0.3275 | β | β |
| 2014-01-31 | 2014-02-14 | $0.3125 | β | β |
| 2013-10-31 | 2013-11-14 | $0.2970 | β | β |
| 2013-07-31 | 2013-08-14 | $0.2850 | β | β |
| 2013-05-08 | 2013-05-17 | $0.2725 | β | β |
| 2013-01-31 | 2013-02-14 | $0.1769 | β | β |
MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refined products, and other hydrocarbon-based goods, including the sale of residue gas and condensate. Furthermore, the company manages inland marine businesses, focusing on the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks within the Mid-Continent and Gulf Coast regions, utilizing its owned and third-party chartered boats and barges, and maintaining a marine repair facility on the Ohio River. Complementing these activities, MPLX oversees fuel distribution, refining logistics, terminals, rail facilities, and storage caverns, and operates specialized terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through various modes including pipeline, rail, marine, and over-the-road transport.
Forward dividend yield from the latest data Β· open any DRIP calculator
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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Real after-tax yield depends on where you live and how you hold MPLX.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| πΊπΈ Roth IRA / 401k | 0% | 7.41% | 4.61% | $741 / yr |
| πΊπΈ US Taxable (15%) β | 15% | 6.30% | 3.50% | $630 / yr |
| πΊπΈ US Taxable (20%) | 20% | 5.93% | 3.13% | $593 / yr |
| π¬π§ UK ISA | 0% | 7.41% | 4.61% | $741 / yr |
| π¬π§ UK Taxable | 8.75% | 6.76% | 3.96% | $676 / yr |
| π¨π¦ TFSA | 0% | 7.41% | 4.61% | $741 / yr |
| π¨π¦ CA Taxable | 25% | 5.56% | 2.76% | $556 / yr |
| π¦πΊ Super (pension) | 15% | 6.30% | 3.50% | $630 / yr |
| π¦πΊ AU Taxable | 30% | 5.19% | 2.39% | $519 / yr |
| π©πͺ DE Taxable | 26.375% | 5.46% | 2.66% | $546 / yr |
| π«π· FR Taxable | 30% | 5.19% | 2.39% | $519 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $4.31/share/yr Β· πΊπΈ US Taxable (15%) Β· static projection (no growth assumed).
MPLX pays quarterly β 4 times per year. Ex-div: 2026-08-07.
How MPLX compares to typical Energy averages.
Benchmarks: S&P 500 sector averages (2024β2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for MPLX sourced from FMP /financial-growth endpoint β real data, not estimates.
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| A-Award | 2026-08-14 | 1,232.166 | β | β | ||
| A-Award | 2026-08-14 | 81.939 | β | β | ||
| A-Award | 2026-08-14 | 1,563.427 | β | β | ||
| A-Award | 2026-08-14 | 982.715 | β | β | ||
| A-Award | 2026-08-14 | 1,072.719 | β | β | ||
| A-Award | 2026-08-14 | 1,336.963 | β | β | ||
| A-Award | 2026-08-14 | 218.82 | β | β | ||
| A-Award | 2026-04-30 | 2,696.387 | β | β | ||
| A-Award | 2026-04-30 | 3,028.941 | β | β | ||
| A-Award | 2026-04-30 | 3,028.941 | β | β |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
Compare MPLX with peers: MPLX vs E Β· MPLX vs EPD Β· MPLX vs ET
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores β lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the MPLX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer β
MPLX Lp (MPLX) is currently trading at $58.11, trading near its 52-week high. The current dividend yield is 7.41% based on an annual payout of $4.31 per share.
MPLX LP stands out in the energy sector with an attractive 7.51% dividend yield backed by a modest P/E ratio of 11.9 and a $58.2 billion market cap. The annual payout of $4.31 per share is supported by a conservative 89% payout ratio for a midstream master limited partnership, balancing generous shareholder returns with ongoing operational reinvestment. The partnership demonstrates steady growth, highlighted by a 6.7% five-year dividend CAGR. While the yield remains lucrative, long-term sustainability depends on stable fee-based cash flows and disciplined capital allocation within the broader energy infrastructure market.
Generated by AI using live market data. For educational purposes only β not financial advice.
Illustrative examples of common use cases, written by the DividendFlow team β not customer reviews.
MPLX (MPLX Lp) has a dividend yield of 7.41%, based on an annual dividend of $4.31 per share and a price of $58.11. Over the last 12 months it paid $4.31 per share β a trailing yield of 7.41%. Dividends are paid quarterly.
Yield history: over the last 12 payments, MPLX's 12-month yield ranged from 7.03% to 10.95%. Full MPLX dividend history β
Yield on cost: if MPLX's dividend keeps growing 6.5% a year, a purchase at today's price would yield 10.15% after 5 years, 13.91% after 10 years and 26.11% after 20 years on the original investment.
With dividends reinvested, a MPLX position grows its share count by about 7.34% in the first year at today's price and yield. If the dividend grows 6.5% a year and the price 7.5%, DRIP doubles your number of shares in about 11 years without adding new money.
| Year | Shares bought by dividends | Total shares | Dividend income | Position value | Yield on cost |
|---|---|---|---|---|---|
| 1 | 12.63 | 184.72 | $789 | $11,539 | 7.89% |
| 3 | 14.28 | 212.43 | $1,031 | $15,335 | 10.31% |
| 5 | 16.10 | 243.69 | $1,343 | $20,330 | 13.43% |
| 10 | 21.48 |
MPLX (MPLX Lp) has a dividend yield of 7.41%, based on an annual dividend of $4.31 per share and a price of $58.11. Over the last 12 months it paid $4.31 per share β a trailing yield of 7.41%. Dividends are paid quarterly.
$10,000 in MPLX at a 7.41% yield pays about $741 a year ($62 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
With dividends reinvested, a MPLX position grows its share count by about 7.34% in the first year at today's price and yield. If the dividend grows 6.5% a year and the price 7.5%, DRIP doubles your number of shares in about 11 years without adding new money.
Enter your starting amount, monthly contribution and time horizon in the MPLX DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
MPLX's next ex-dividend date has not been announced yet; the most recent one was 2026-08-07. MPLX pays dividends quarterly. Buy before the ex-dividend date to receive the next payment.
MPLX's dividend changed 12.5% over the last year and 6.7% a year on average over five years.
MPLX pays out 89% of its earnings as dividends. A payout ratio above 80% means the dividend depends on earnings holding up. Dividends can be cut at any time; this is not financial advice.
News aggregated from public sources via Finnhub & RSS. For informational purposes only.
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| 339.83 |
| $2,573 |
| $40,700 |
| 25.73% |
| 20 | 36.64 | 632.71 | $9,044 | $156,179 | 90.44% |
DRIP rate = share-count growth from reinvested dividends. Simplified yearly model before taxes and fees; adjust every assumption in the calculator above. Not financial advice. How DRIP and the DRIP rate work β