Marathon Petroleum Corporation (MPC) Dividend History

NYSE: MPCYield, payment dates, growth and payout ratio.

MPC latest dividend

$1.00last dividend per share
Ex-dividend dateAug 19Wednesday, 2026
Payment dateSep 10Thursday, 2026

The next dividend has not been announced yet.

  • 4 yearsof dividend increases
  • 2011paying since
  • Quarterly4 payments a year
  • +10.0%5-year growth a year
  • 0.84%forward yield

MPC dividend income calculator

Dividend income a year
$400
Each payment
$100
Value of the shares
$47,807
Dividend yield
0.84%

At the latest close; forward annual dividend $4.00 per share, before tax.

MPC dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

MPC dividend safety

Payout ratio (earnings)15.1%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)23.9%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+10.0%
Growing · a year on average
Years of increases4
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MPC yield on cost

Marathon Petroleum Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$184.472.17%$4.002.2%
3 years ago$153.992.60%$10.947.1%
5 years ago$66.406.02%$16.2624.5%
10 years ago$42.739.36%$26.1661.2%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

MPC dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

MPC dividends by year

Marathon Petroleum Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.73+10.2%2.29%4
2024$3.38+10.1%2.43%4
2023$3.08+23.5%2.07%4
2022$2.49+7.3%2.14%4
2021$2.320.0%3.63%4
2020$2.32+9.4%5.61%4
2019$2.12+15.2%3.52%4
2018$1.84+21.1%3.12%4
2017$1.52+11.8%2.30%4
2016$1.36+19.3%2.70%4
2015$1.14+23.9%2.20%4
2014$0.92+19.5%2.04%4
2013$0.77+28.3%1.68%4
2012$0.60—1.90%4
2011$0.23—1.35%2

MPC dividend history

61 payments
Marathon Petroleum Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-192026-09-10$1.00—Quarterly
2026-05-202026-06-10$1.00—Quarterly
2026-02-182026-03-10$1.00—Quarterly
2025-11-192025-12-10$1.00+9.9%Quarterly
2025-08-202025-09-10$0.91—Quarterly
2025-05-212025-06-10$0.91—Quarterly
2025-02-192025-03-10$0.91—Quarterly
2024-11-202024-12-10$0.91+10.3%Quarterly
2024-08-212024-09-10$0.825—Quarterly
2024-05-152024-06-10$0.825—Quarterly
2024-02-202024-03-11$0.825—Quarterly
2023-11-152023-12-11$0.825+10.0%Quarterly
2023-08-152023-09-11$0.75—Quarterly
2023-05-162023-06-12$0.75—Quarterly
2023-02-152023-03-10$0.75—Quarterly
2022-11-152022-12-12$0.75+29.3%Quarterly
Show all 61 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-162022-09-12$0.58—Quarterly
2022-05-172022-06-10$0.58—Quarterly
2022-02-152022-03-10$0.58—Quarterly
2021-11-162021-12-10$0.58—Quarterly
2021-08-172021-09-10$0.58—Quarterly
2021-05-182021-06-10$0.58—Quarterly
2021-02-162021-03-10$0.58—Quarterly
2020-11-172020-12-10$0.58—Quarterly
2020-08-182020-09-10$0.58—Quarterly
2020-05-192020-06-10$0.58—Quarterly
2020-02-182020-03-10$0.58+9.4%Quarterly
2019-11-192019-12-10$0.53—Quarterly
2019-08-202019-09-10$0.53—Quarterly
2019-05-152019-06-10$0.53—Quarterly
2019-02-192019-03-11$0.53+15.2%Quarterly
2018-11-202018-12-10$0.46—Quarterly
2018-08-152018-09-10$0.46—Quarterly
2018-05-152018-06-11$0.46—Quarterly
2018-02-202018-03-12$0.46+15.0%Quarterly
2017-11-152017-12-11$0.4—Quarterly
2017-08-142017-09-11$0.4+11.1%Quarterly
2017-05-152017-06-12$0.36—Quarterly
2017-02-142017-03-10$0.36—Quarterly
2016-11-142016-12-12$0.36—Quarterly
2016-08-152016-09-12$0.36+12.5%Quarterly
2016-05-162016-06-10$0.32—Quarterly
2016-02-122016-03-10$0.32—Quarterly
2015-11-162015-12-10$0.32—Quarterly
2015-08-172015-09-10$0.32+28.0%Quarterly
2015-05-182015-06-10$0.25—Quarterly
2015-02-132015-03-10$0.25—Quarterly
2014-11-172014-12-10$0.25—Quarterly
2014-08-182014-09-10$0.25+19.0%Quarterly
2014-05-192014-06-10$0.21—Quarterly
2014-02-142014-03-10$0.21—Quarterly
2013-11-182013-12-10$0.21—Quarterly
2013-08-192013-09-10$0.21+20.0%Quarterly
2013-05-142013-06-10$0.175—Quarterly
2013-02-152013-03-11$0.175—Quarterly
2012-11-192012-12-10$0.175—Quarterly
2012-08-142012-09-10$0.175+40.0%Quarterly
2012-05-142012-06-11$0.125—Quarterly
2012-02-142012-03-12$0.125—Quarterly
2011-11-142011-12-12$0.125+25.0%Quarterly
2011-08-152011-09-12$0.1—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

MPC stock split history

  • 2:1June 11, 2015

MPC dividend overview

Marathon Petroleum pays an annual dividend of $4.00 per share, a yield of 0.84% at the latest close, paid quarterly. It paid $3.73 per share in 2025, up 10.2% from 2024. It has raised its dividend for 4 consecutive years. Over five years the dividend grew 10.0% a year on average and over ten years 12.6% a year. The payout ratio is 15.1% of trailing earnings.

Related: MPC cash flow statement, MPC key metrics, MPC chart. See the MPC stock overview for the latest quote and news.

MPC dividends FAQ

Does Marathon Petroleum pay a dividend?

Yes. Marathon Petroleum has paid a regular dividend since 2011, quarterly, most recently $1.00 per share with an ex-dividend date of August 19, 2026.

What is Marathon Petroleum's dividend yield?

Marathon Petroleum's forward annual dividend is $4.00 per share, a dividend yield of 0.84% at the latest close of $478.07.

How often does Marathon Petroleum pay dividends?

Marathon Petroleum pays dividends quarterly.

How fast is Marathon Petroleum's dividend growing?

Marathon Petroleum's dividend per share grew from $2.32 in 2020 to $3.73 in 2025, 10.0% a year on average over five years; it has increased for 4 years in a row.

What is Marathon Petroleum's dividend payout ratio?

Marathon Petroleum pays out 15.1% of its trailing earnings as dividends and 23.9% of its free cash flow (fiscal 2025).

Has Marathon Petroleum split its stock?

Marathon Petroleum has split its stock 1 time: 2:1 on June 11, 2015. Dividends per share on this page are adjusted for splits.

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