SmarterDividends
MPC

Marathon Petroleum Corporation

MPC

Energy · Stock · quarterly payer

Forward Yield

1.46%

Annual Dividend

$3.91

Payout Ratio

25%

5-Yr Growth

9.4%

Ex-Date

May 20, 2026

Frequency

Quarterly

MPC Dividend Safety Score

88/ 100
Grade A

Very Safe

Dividend-growth streak13 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage25% of earnings paid out
Free-cash-flow coverage32% of free cash flow
Balance-sheet strengthDebt/equity of 1.47
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MPC a good dividend stock?

Yes

Marathon Petroleum Corporation (MPC) pays a quarterly dividend yielding 1.46% ($3.91/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 14 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (25%)
  • Strong 9.4% 5-yr dividend growth
  • 340% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.46%
Payout Ratio
25%
Annual Dividend
$3.91
5-Yr Avg Growth
9.4%
Ex-Dividend Date
May 20, 2026
Years of Growth
14
Frequency
quarterly
Beta
0.52
Market Cap
$78.0B
P/E Ratio
17.6
5-Yr Total Return
340%
52-Week Range
$155.93 – $272.46
Dividend Safety
A · 88/100
Ever Cut?
No
MPC ex-dividend date & scheduleNext ex-date May 20, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.91 / yr per share

Per payment (quarterly)$97.75
Annual$391.00
Monthly avg$32.58