Marathon Petroleum Dividends and Buybacks
Dividend criteria checks 4/6
Marathon Petroleum is a dividend paying company with a current yield of 2.3% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
2.3%
Dividend yield
20.2%
Buyback Yield
| Total Shareholder Yield | 22.5% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 0.6% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | R$20.967 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: M1PC34's dividends per share have been stable in the past 10 years.
Growing Dividend: M1PC34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Marathon Petroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (M1PC34) | 2.3% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Oil and Gas) | 14.0% |
| Analyst forecast (M1PC34) (up to 3 years) | 2.4% |
Notable Dividend: M1PC34's dividend (2.3%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.95%).
High Dividend: M1PC34's dividend (2.3%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), M1PC34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), M1PC34's dividend payments are well covered by cash flows.