SmarterDividends
MPLX

MPLX LP

MPLX

Energy · Stock · quarterly payer

Forward Yield

7.79%

Annual Dividend

$4.31

Payout Ratio

88%

5-Yr Growth

6.8%

Ex-Date

May 8, 2026

Frequency

Quarterly

Dividend Growth

Total dividends per share by year

What is MPLX?

MPLX LP (MPLX) is a Energy company that pays a quarterly dividend currently yielding about 7.79%. Below is its full dividend history, growth record and key data for income investors.

Advantages

  • 12 consecutive years of dividend growth
  • 6.8% 5-yr dividend growth rate

Risks

  • Elevated payout ratio (88.01%) — less cushion

Key Data

Dividend Yield
7.79%
Payout Ratio
88%
Annual Dividend
$4.31
5-Yr Avg Growth
6.8%
Ex-Dividend Date
May 8, 2026
Years of Growth
12
Frequency
quarterly
Beta
0.48
Market Cap
$56.3B
P/E Ratio
12.0

Frequently Asked Questions

Income Calculator

At $4.31 / yr per share

Per payment (quarterly)$107.75
Annual$431.00
Monthly avg$35.92