MPLX Dividend History & Analysis | 7.9% Yield

MPLX has a dividend yield of 7.9% and paid 4.07 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 7.91%
Payout Ratio 84.4%
Growth Rate CAGR 5y 4.24%
Consistency Lifetime 98.7%
Yield on Cost 5y 24.54%
Payout FCF 84.7%
Streak Years 3
Dividend Rating 71.62%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 16%
Total Return 5y: 249.8%

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
BWLP 2,063 M 15.8% 54.0%
TK 855 M 13.3% 53.8%
TRMD 2,571 M 13.1% 42.2%
LPG 1,402 M 8.85% 41.2%
INSW 3,536 M 10.2% 35.4%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SOBO 7,030 M 300% 100%
TK 855 M 106% 69.8%
TEN 1,093 M 82.1% 82.8%
EE 3,952 M 77.6% 100%
TRGP 50,294 M 75.0% 90.5%

Quality Dividend Peers in Oil & Gas Storage & Transportation

WES
Western Midstream
 9.51% Yield
PAA
Plains All American
 8.83% Yield
PAGP
Plains GP Holdings
 8.31% Yield
HESM
Hess Midstream Partners
 8.15% Yield
INSW
International Seaways
 10.24% Yield
GTT
Gaztransport
 4.73% Yield

MPLX Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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%
2021-05-06 2021-05-07 2021-05-14 Quarterly 0.688 0% 2.46%
2021-02-05 2021-02-08 2021-02-12 Quarterly 0.688 0% N/A
2020-11-05 2020-11-06 2020-11-13 Quarterly 0.688 0% N/A
2020-08-06 2020-08-07 2020-08-14 Quarterly 0.688 0% N/A
2020-05-07 2020-05-08 2020-05-15 Quarterly 0.688 0% N/A
2020-02-03 2020-02-04 2020-02-14 Quarterly 0.688 1.5% N/A
2019-11-01 2019-11-04 2019-11-14 Quarterly 0.678 1.5% N/A
2019-08-02 2019-08-05 2019-08-14 Quarterly 0.668 1.5% N/A
2019-05-08 2019-05-09 2019-05-15 Quarterly 0.658 1.5% N/A
2019-02-04 2019-02-05 2019-02-14 Quarterly 0.648 1.6% N/A
2018-11-02 2018-11-05 2018-11-14 Quarterly 0.638 1.6% N/A
2018-08-03 2018-08-06 2018-08-14 Quarterly 0.628 1.6% N/A
2018-05-04 2018-05-07 2018-05-15 Quarterly 0.618 1.6% N/A
2018-02-02 2018-02-05 2018-02-14 Quarterly 0.608 3.4% N/A
2017-11-03 2017-11-06 2017-11-14 Quarterly 0.588 4.4% N/A
2017-08-03 2017-08-07 2017-08-14 Quarterly 0.563 4.3% N/A
2017-05-04 2017-05-08 2017-05-15 Quarterly 0.54 3.8% N/A
2017-02-02 2017-02-06 2017-02-14 Quarterly 0.52 1% N/A
2016-11-02 2016-11-04 2016-11-14 Quarterly 0.515 1% N/A
2016-07-29 2016-08-02 2016-08-12 Quarterly 0.51 1% N/A
2016-04-29 2016-05-03 2016-05-13 Quarterly 0.505 1% N/A
2016-02-02 2016-02-04 2016-02-12 Quarterly 0.5 6.4% N/A
2015-10-30 2015-11-03 2015-11-13 Quarterly 0.47 6.8% N/A
2015-07-31 2015-08-04 2015-08-14 Quarterly 0.44 7.3% N/A
2015-05-01 2015-05-05 2015-05-15 Quarterly 0.41 7% N/A
2015-01-30 2015-02-03 2015-02-13 Quarterly 0.383 7% N/A
2014-10-31 2014-11-04 2014-11-14 Quarterly 0.358 4.4% N/A
2014-07-31 2014-08-04 2014-08-14 Quarterly 0.343 4.6% N/A
2014-05-01 2014-05-05 2014-05-15 Quarterly 0.328 4.8% N/A
2014-01-31 2014-02-04 2014-02-14 Quarterly 0.313 5.4% N/A
2013-10-31 2013-11-04 2013-11-14 Quarterly 0.297 0% N/A

MPLX Dividend FAQ

MPLX LP is a US-based midstream energy company. It primarily operates crude oil and products logistics, alongside natural gas and NGL services. Midstream companies typically focus on transportation and processing rather than exploration or refining.

What is the Dividend Yield of MPLX?

As of March 2026, MPLX`s dividend yield is 7.91%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.07 USD by the current share price of 57.99.

Does MPLX pay a dividend?

As of March 2026, MPLX paid a dividend of 4.07 USD in the last 12 months. The last dividend was paid on 2026-02-09 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 2026-02-09.

MPLX dividend forecast

Based on historical data, the forecasted dividends per share for MPLX for the next payments are between 0.959 (-11.0%) and 1.054 (-2.1%). This indicates a moderate dividend reduction compared to the last payment.

Will MPLX pay dividends in 2026?

The latest dividend paid per share was 1.077 USD with an Ex-Dividend Date of 2026-02-09. 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 4.24% 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 24.5%. If you bought MPLX's shares at 16.58 USD five years ago, your current annual dividend income (4.07 USD per share, trailing 12 months) equals 24.5% of your original purchase price.

What is the Payout Consistency of MPLX?

MPLX Payout Consistency is 98.7%. 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 7.91% 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 84.4%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of MPLX?

MPLX`s Overall Dividend Rating is 71.62%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MPLX Outstanding Shares Analysis

What is the Trend in MPLX's Outstanding Shares?

MPLX's outstanding shares have increased by approximately 0.7% annually over the past 3 years (Trend Reliability: 33.3%).

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
2012 74,000,000 +100.26%
2013 74,000,000
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
2024 1,019,000,000 +1.6%
2025 1,017,000,000 -0.2%

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: 2026-03-18 02:38