Marathon Petroleum Dividends and Buybacks
Dividend criteria checks 5/6
Marathon Petroleum is a dividend paying company with a current yield of 2.32% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
2.3%
Dividend yield
20.4%
Buyback Yield
| Total Shareholder Yield | 22.7% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 0.7% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | €3.354 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MPC's dividends per share have been stable in the past 10 years.
Growing Dividend: MPC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Marathon Petroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MPC) | 2.3% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Oil and Gas) | 7.2% |
| Analyst forecast (MPC) (up to 3 years) | 2.5% |
Notable Dividend: MPC's dividend (2.32%) is higher than the bottom 25% of dividend payers in the Austrian market (2.11%).
High Dividend: MPC's dividend (2.32%) is low compared to the top 25% of dividend payers in the Austrian market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), MPC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), MPC's dividend payments are well covered by cash flows.