MPLX Dividend

What is MPLX current dividend yield, its reliability and sustainability?

Dividend Score

6/6

Dividend Score 6/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


9.22%

Current Dividend Yield

Dividend Yield vs Market

MPLX Dividend Yield vs Market
How does MPLX dividend yield compare to the market?
SegmentDividend Yield
Company (MPLX)9.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.3%
Industry Average (Oil and Gas)4.1%
Analyst forecast in 3 Years (MPLX)9.4%

Notable Dividend: MPLX's dividend (9.22%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: MPLX's dividend (9.22%) is in the top 25% of dividend payers in the US market (4.26%)


Stability and Growth of Payments

How stable has MPLX's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20243.2812
12/31/20233.1313
12/31/20222.9511
11/26/20223.19.22
11/1/20223.19.23
8/2/20222.828.81
5/3/20222.829.14
1/25/20222.828.56
11/2/20212.829.36
7/27/20212.759.51
4/27/20212.759.54
1/28/20212.7510.89
10/27/20202.7512.82
7/28/20202.7515.61
4/28/20202.7515.03
1/23/20202.7517.49
10/25/20192.7110.78
7/22/20192.679.5
4/29/20192.638.32
1/25/20192.597.75
10/26/20182.557.77
7/25/20182.517.01
4/25/20182.477.05
1/26/20182.437.04
10/25/20172.356.52
8/3/20172.256.57
7/27/20172.256.23
4/26/20172.166.32
1/25/20172.085.62
10/25/20162.066.15
7/22/20162.046.26
4/19/20162.026.22
1/25/201627.76
10/20/20151.885.32
8/3/20151.763.97
7/30/20151.763.15
4/20/20151.642.37
1/20/20151.532.01
10/21/20141.432.16
7/22/20141.372.29
4/22/20141.312.21
1/24/20141.252.58
10/22/20131.193.06
7/23/20131.143.16
4/30/20131.092.92
1/25/20131.052.94

Stable Dividend: MPLX's dividends per share have been stable in the past 10 years.

Growing Dividend: MPLX's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (76.9%), MPLX's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (74%), MPLX's dividend payments are covered by cash flows.


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