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MPLX LP (MPLX) Dividend

MPLX LP (MPLX) pays a forward dividend of $4.31 per share per year — a dividend yield of about 7.50% at the current price of $57.44. Dividends are paid quarterly, and MPLX LP has raised its dividend for roughly 3 consecutive years in our data. Below is MPLX’s dividend history, yield, payout ratio and key stats — and you can backtest MPLX in a portfolio for free.

Dividend yield
7.50%
Annual dividend
$4.31
per share
Frequency
Quarterly
Payout ratio
88%
5-yr div growth
8.8%/yr
Growth streak
3 yrs
Price
$57.44
Market cap
$58.3B
P/E ratio
12.5
Beta
0.45
Sector
Energy
52-week range
$47.80 – $59.98
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Recent MPLX dividend payments

PeriodDividend / share
May 2026$1.08
Feb 2026$1.08
Nov 2025$1.08
Aug 2025$0.96
May 2025$0.96
Feb 2025$0.96
Nov 2024$0.96
Aug 2024$0.85

Recent ex-dividend or payment periods from our data. Market data via Yahoo Finance, delayed ~24 hours.

About MPLX’s dividend

MPLX LP’s 7.50% yield is higher than the S&P 500’s roughly 1.3% yield. It has grown its dividend for about 3 years recently. A payout ratio near 88% indicates the share of earnings paid out as dividends. These are factual figures, not a recommendation — use them alongside your own research.

MPLX dividend FAQ

Does MPLX pay a dividend?

Yes. MPLX LP (MPLX) pays a dividend of $4.31 per share per year, distributed quarterly.

What is MPLX’s dividend yield?

MPLX LP’s dividend yield is about 7.50%, based on a $4.31 annual dividend and a share price of $57.44.

How often does MPLX pay dividends?

MPLX pays dividends quarterly.

Has MPLX increased its dividend?

Yes — MPLX LP has raised its dividend for about 3 consecutive years in our data.

What is MPLX’s payout ratio?

MPLX’s payout ratio is approximately 88%.

Related dividend stocks

XOM · CVX · COP · EPD · KMI · OKE

Not financial advice. Portfolio Calculate is an educational tool. This page shows factual market data (via Yahoo Finance, delayed ~24 hours and provided “as is”) and is not investment, tax, or legal advice or a recommendation to buy or sell MPLX. Past performance does not guarantee future results. Consult a licensed professional before investing.