Marathon Petroleum Corporation

NYSE:MPC Stock Report

Mkt Cap: US$53.7b

Marathon Petroleum Dividend

What is Marathon Petroleum current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.54%

Current Dividend Yield

Upcoming Dividend Payment

TodayFeb 04 2023Ex Dividend DateFeb 15 2023Dividend Pay DateMar 10 202323 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Marathon Petroleum Dividend Yield vs Market
How does MPC dividend yield compare to the market?
SegmentDividend Yield
Company (MPC)2.5%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.2%
Industry Average (Oil and Gas)4.4%
Analyst forecast in 3 Years (MPC)2.7%

Notable Dividend: MPC's dividend (2.54%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: MPC's dividend (2.54%) is low compared to the top 25% of dividend payers in the US market (4.18%).


Stability and Growth of Payments

How stable has Marathon Petroleum's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20253.333
12/31/20243.189
12/31/20233.0610
2/4/202332.54
11/2/202232.54
7/29/20222.322.3
4/29/20222.322.52
1/27/20222.322.89
10/27/20212.323.54
7/28/20212.323.86
4/28/20212.323.93
1/29/20212.324.38
10/28/20202.325.83
8/3/20202.327.21
4/29/20202.326.47
1/27/20202.327.57
10/30/20192.123.49
7/31/20192.123.88
4/24/20192.123.99
1/28/20192.123.41
10/31/20181.842.92
7/25/20181.842.3
4/25/20181.842.45
1/29/20181.842.62
10/25/20171.62.46
7/26/20171.62.96
4/26/20171.442.72
1/27/20171.442.89
10/26/20161.443.05
7/27/20161.443.44
4/27/20161.283.53
2/1/20161.283.53
10/28/20151.282.56
7/29/20151.282.6
4/29/201511.9
2/2/201511.99
10/29/201412.25
7/30/201412.33
4/30/20140.841.98
1/27/20140.841.91
10/30/20130.842.03
7/31/20130.842.43
4/24/20130.71.84
1/30/20130.71.68
11/9/20120.72.29
11/1/20120.72.57
8/8/20120.72.66
7/31/20120.72.88
5/9/20120.52.48
2/29/20120.52.38

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.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11.4%), MPC's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (10.1%), MPC's dividend payments are thoroughly covered by cash flows.


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