Marathon Petroleum Dividends and Buybacks
Dividend criteria checks 5/6
Marathon Petroleum is a dividend paying company with a current yield of 2.28% 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
20.2%
Buyback Yield
| Total Shareholder Yield | 22.5% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 0.6% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | US$3.640 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Marathon Petroleum Corporation Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 07
Marathon Petroleum: Shares Are Attractive Despite Muted Q3 Results
Nov 06Marathon Petroleum (NYSE:MPC) Is Increasing Its Dividend To $0.91
Nov 03Framing Marathon Petroleum Financials With Unexpected Weak Spreads (Knees)
Oct 20Is Marathon Petroleum (NYSE:MPC) Using Too Much Debt?
Oct 19An Intrinsic Calculation For Marathon Petroleum Corporation (NYSE:MPC) Suggests It's 47% Undervalued
Oct 01Marathon Petroleum: At An Inflection Point, Downgraded To Hold
Sep 26Marathon Petroleum Corporation: A Solid Oil Refiner Despite Sector Weakness
Sep 16Marathon Petroleum Corporation's (NYSE:MPC) Shares Lagging The Market But So Is The Business
Aug 31Newsflash: Marathon Petroleum Corporation (NYSE:MPC) Analysts Have Been Trimming Their Revenue Forecasts
Aug 07Marathon Petroleum: Recent Pullback Creates Opportunity Given Share Repurchases (Upgrade)
Jul 10Is There An Opportunity With Marathon Petroleum Corporation's (NYSE:MPC) 22% Undervaluation?
Jun 21These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well
May 22Marathon Petroleum: The Buyback King Of The Energy Sector Continues To Shine
May 02Analysts Are Updating Their Marathon Petroleum Corporation (NYSE:MPC) Estimates After Its First-Quarter Results
May 02Marathon Petroleum: Still Has Gas In The Tank After 100% Returns
Apr 08Marathon: Share Repurchases Continue To Generate Value (Downgrade)
Mar 1522% Return Per Year Since 2012 - How Unstoppable Is Marathon Petroleum?
Feb 20Does Marathon Petroleum (NYSE:MPC) Have A Healthy Balance Sheet?
Feb 19Calculating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)
Jan 21Marathon Petroleum's Comfortable Market Position Suggests A Buy On Weakness
Jan 19Earnings Working Against Marathon Petroleum Corporation's (NYSE:MPC) Share Price
Jan 03Marathon Petroleum Still A Buy For The Long Haul
Jan 02Marathon Petroleum: In It For The Long Run
Dec 19Marathon Petroleum: Sum Of The Parts Upside Remains
Nov 25Marathon Petroleum Is A Buyback Monster
Nov 09Marathon Petroleum (NYSE:MPC) Has Announced That It Will Be Increasing Its Dividend To $0.825
Nov 01Here's Why We Think Marathon Petroleum (NYSE:MPC) Might Deserve Your Attention Today
Oct 31Marathon Petroleum: Gasoline Crack Spread Plunges, 2024 Earnings Outlook In Question
Oct 19Marathon Petroleum: Oil Price Shock Spells Trouble For Refining Margins (Rating Downgrade)
Oct 10Marathon Petroleum (NYSE:MPC) Seems To Use Debt Quite Sensibly
Sep 30Marathon Petroleum: An Impressive Ascension, But It May Not Last Forever
Sep 19Marathon Petroleum: Elevated Crack Spreads And Share Repurchases Make This Attractive
Sep 06Estimating The Intrinsic Value Of Marathon Petroleum Corporation (NYSE:MPC)
Aug 25Marathon Petroleum: Investing In The Fossil Fuel 'Supernova'
Aug 09Marathon Petroleum Q2 Earnings: Why This Stock Is An Attractive Investment
Aug 01Do Marathon Petroleum's (NYSE:MPC) Earnings Warrant Your Attention?
Jul 19Marathon Petroleum: Potential Positive Returns With Tight Markets
Jul 06What To Make Of Marathon Petroleum's Dividend
Jun 21Is Marathon Petroleum (NYSE:MPC) A Risky Investment?
Jun 16The Dividend Investor's Oil Playbook - Part 2
Jun 01Stability 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% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (MPC) (up to 3 years) | 2.4% |
Notable Dividend: MPC's dividend (2.28%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: MPC's dividend (2.28%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.