MPLX LP (MPLX) Dividend History

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

MPLX latest dividend

$1.08last dividend per share
Ex-dividend dateAug 7Friday, 2026
Payment dateAug 14Friday, 2026

The next dividend has not been announced yet.

  • 3 yearsof dividend increases
  • 2013paying since
  • Quarterly4 payments a year
  • +7.5%5-year growth a year
  • 7.41%forward yield

MPLX dividend income calculator

Dividend income a year
$431
Each payment
$108
Value of the shares
$5,816
Dividend yield
7.41%

At the latest close; forward annual dividend $4.31 per share, before tax.

MPLX 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.

MPLX dividend safety

Payout ratio (earnings)95.1%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)98.1%
Above free cash flow · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.5%
Growing · a year on average
Years of increases3
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MPLX yield on cost

MPLX LP yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$48.928.81%$4.318.8%
3 years ago$36.4711.82%$11.5431.6%
5 years ago$30.8413.98%$18.0358.5%
10 years ago$31.3013.77%$30.7298.1%

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

MPLX dividend payments

Payment

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

MPLX dividends by year

MPLX LP dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$3.95+12.6%7.40%4
2024$3.51+10.5%7.33%4
2023$3.17+9.9%8.65%4
2022$2.89−13.6%8.80%4
2021$3.34+21.5%11.30%4
2020$2.75+3.8%12.71%4
2019$2.65+6.4%10.42%4
2018$2.49+12.7%8.22%4
2017$2.21+8.9%6.23%4
2016$2.03+19.2%5.86%4
2015$1.70+26.9%4.33%4
2014$1.34+30.0%1.83%4
2013$1.03—2.32%4

MPLX dividend history

55 payments
MPLX LP dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-072026-08-14$1.08—Quarterly
2026-05-082026-05-15$1.08—Quarterly
2026-02-092026-02-17$1.08—Quarterly
2025-11-072025-11-14$1.08+12.5%Quarterly
2025-08-082025-08-15$0.957—Quarterly
2025-05-092025-05-16$0.957—Quarterly
2025-02-032025-02-14$0.957—Quarterly
2024-11-082024-11-15$0.957+12.6%Quarterly
2024-08-092024-08-16$0.85—Quarterly
2024-05-022024-05-13$0.85—Quarterly
2024-02-022024-02-14$0.85—Quarterly
2023-11-022023-11-13$0.85+9.7%Quarterly
2023-08-032023-08-14$0.775—Quarterly
2023-05-042023-05-15$0.775—Quarterly
2023-02-032023-02-14$0.775—Quarterly
2022-11-142022-11-22$0.775+9.9%Quarterly
Show all 55 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-042022-08-12$0.705—Quarterly
2022-05-052022-05-13$0.705—Quarterly
2022-02-032022-02-14$0.705−44.9%Quarterly
2021-11-102021-11-19$1.28+86.0%Quarterly
2021-08-052021-08-13$0.688—Quarterly
2021-05-062021-05-14$0.688—Quarterly
2021-02-052021-02-12$0.688—Quarterly
2020-11-052020-11-13$0.688—Quarterly
2020-08-062020-08-14$0.688—Quarterly
2020-05-072020-05-15$0.688—Quarterly
2020-02-032020-02-14$0.688+1.5%Quarterly
2019-11-012019-11-14$0.678+1.5%Quarterly
2019-08-022019-08-14$0.668+1.5%Quarterly
2019-05-082019-05-15$0.658+1.5%Quarterly
2019-02-042019-02-14$0.648+1.6%Quarterly
2018-11-022018-11-14$0.638+1.6%Quarterly
2018-08-032018-08-14$0.628+1.6%Quarterly
2018-05-042018-05-15$0.618+1.6%Quarterly
2018-02-022018-02-14$0.608+3.4%Quarterly
2017-11-032017-11-14$0.588+4.4%Quarterly
2017-08-032017-08-14$0.563+4.3%Quarterly
2017-05-042017-05-15$0.54+3.8%Quarterly
2017-02-022017-02-14$0.52+1.0%Quarterly
2016-11-022016-11-14$0.515+1.0%Quarterly
2016-07-292016-08-12$0.51+1.0%Quarterly
2016-04-292016-05-13$0.505+1.0%Quarterly
2016-02-022016-02-12$0.5+6.4%Quarterly
2015-10-302015-11-13$0.47+6.8%Quarterly
2015-07-312015-08-14$0.44+7.3%Quarterly
2015-05-012015-05-15$0.41+7.0%Quarterly
2015-01-302015-02-13$0.383+7.0%Quarterly
2014-10-312014-11-14$0.358+4.4%Quarterly
2014-07-312014-08-14$0.343+4.6%Quarterly
2014-05-012014-05-15$0.328+4.8%Quarterly
2014-01-312014-02-14$0.313+5.4%Quarterly
2013-10-312013-11-14$0.297+4.2%Quarterly
2013-07-312013-08-14$0.285+4.4%Quarterly
2013-05-082013-05-17$0.273+54.2%Quarterly
2013-01-312013-02-14$0.177—Quarterly

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

MPLX stock split history

MPLX has no stock splits on record.

MPLX dividend overview

MPLX pays an annual dividend of $4.31 per share, a yield of 7.41% at the latest close, paid quarterly. It paid $3.95 per share in 2025, up 12.6% from 2024. It has raised its dividend for 3 consecutive years. Over five years the dividend grew 7.5% a year on average and over ten years 8.8% a year. The payout ratio is 95.1% of trailing earnings.

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

MPLX dividends FAQ

Does MPLX pay a dividend?

Yes. MPLX has paid a regular dividend since 2013, quarterly, most recently $1.08 per share with an ex-dividend date of August 7, 2026.

What is MPLX's dividend yield?

MPLX's forward annual dividend is $4.31 per share, a dividend yield of 7.41% at the latest close of $58.16.

How often does MPLX pay dividends?

MPLX pays dividends quarterly.

How fast is MPLX's dividend growing?

MPLX's dividend per share grew from $2.75 in 2020 to $3.95 in 2025, 7.5% a year on average over five years; it has increased for 3 years in a row.

What is MPLX's dividend payout ratio?

MPLX pays out 95.1% of its trailing earnings as dividends and 98.1% of its free cash flow (fiscal 2025).

Oil & Gas Midstream: dividends