MPLX Dividend History & Yield Analysis

MPLX has 55 recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
7.29%
Forward yield
7.29%
Dividend per share (TTM)
$4.31
Annualized rate
$4.31
Payout frequency
Quarterly
Last payment
$1.08
5-year dividend CAGR
7.48%
Consecutive growth years
3

Yields calculated against a market price of $59.08.

Annual Dividend History

  • 2026$3.23
  • 2025$3.95
  • 2024$3.51
  • 2023$3.17
  • 2022$2.89
  • 2021$3.34
  • 2020$2.75
  • 2019$2.65
  • 2018$2.49
  • 2017$2.21
  • 2016$2.03
  • 2015$1.70
  • 2014$1.34
  • 2013$1.03

MPLX Payout History & Ex-Dividend Dates

MPLX dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-08-012026-08-07$1.08
2026-05-012026-05-08$1.08
2026-02-012026-02-09$1.08
2025-11-012025-11-07$1.08
2025-08-012025-08-08$0.9570
2025-05-012025-05-09$0.9570
2025-02-012025-02-03$0.9570
2024-11-012024-11-08$0.9570
2024-08-012024-08-09$0.8500
2024-05-012024-05-02$0.8500
2024-02-012024-02-02$0.8500
2023-11-012023-11-02$0.8500
2023-08-012023-08-03$0.7750
2023-05-012023-05-04$0.7750
2023-02-012023-02-03$0.7750
2022-11-012022-11-14$0.7750
2022-08-012022-08-04$0.7050
2022-05-012022-05-05$0.7050
2022-02-012022-02-03$0.7050
2021-11-012021-11-10$1.28
2021-08-012021-08-05$0.6880
2021-05-012021-05-06$0.6880
2021-02-012021-02-05$0.6880
2020-11-012020-11-05$0.6880
2020-08-012020-08-06$0.6880
2020-05-012020-05-07$0.6880
2020-02-012020-02-03$0.6880
2019-11-012019-11-01$0.6780
2019-08-012019-08-02$0.6680
2019-05-012019-05-08$0.6580
2019-02-012019-02-04$0.6480
2018-11-012018-11-02$0.6380
2018-08-012018-08-03$0.6280
2018-05-012018-05-04$0.6180
2018-02-012018-02-02$0.6080
2017-11-012017-11-03$0.5880
2017-08-012017-08-03$0.5630
2017-05-012017-05-04$0.5400
2017-02-012017-02-02$0.5200
2016-11-012016-11-02$0.5150
2016-07-012016-07-29$0.5100
2016-04-012016-04-29$0.5050
2016-02-012016-02-02$0.5000
2015-10-012015-10-30$0.4700
2015-07-012015-07-31$0.4400
2015-05-012015-05-01$0.4100
2015-01-012015-01-30$0.3830
2014-10-012014-10-31$0.3580
2014-07-012014-07-31$0.3430
2014-05-012014-05-01$0.3280
2014-01-012014-01-31$0.3130
2013-10-012013-10-31$0.2970
2013-07-012013-07-31$0.2850
2013-05-012013-05-08$0.2730
2013-01-012013-01-31$0.1770

Does MPLX pay dividends?

Yes. MPLX pays on a quarterly schedule, most recently $1.08 per share with an ex-dividend date of 2026-08-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the MPLX yield is calculated

The trailing yield divides the last twelve months of dividends per share ($4.31) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the MPLX DCF fair value page for the cash flow behind it.