
MPLX LP
MPLXMPLX LP is a diversified midstream oil and gas company that primarily engages in gathering, processing, transporting, and storing hydrocarbon liquids and natural gas. Founded in 2012 as a subsidiary of Marathon Petroleum Corporation, MPLX operates an extensive network of pipelines and storage facilities across the United States, providing essential infrastructure services to the energy industry. The company focuses on delivering energy infrastructure solutions to support producing and refining operations.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| May 15, 2026 | $1.08 | 2026-05-08 | 2026-05-08 |
| February 17, 2026 | $1.08 | 2026-02-09 | 2026-02-09 |
| November 14, 2025 | $1.08 | 2025-11-07 | 2025-11-07 |
| August 15, 2025 | $0.96 | 2025-08-08 | 2025-08-08 |
| May 16, 2025 | $0.96 | 2025-05-09 | 2025-05-09 |
Dividends Summary
- Consistent Payer: MPLX LP has rewarded shareholders with 55 dividend payments over the past 13 years.
- Total Returned Value: Investors who held MPLX shares during this period received a total of $35.22 per share in dividend income.
- Latest Payout: The most recent dividend of $1.08/share was paid 64 days ago, on May 15, 2026.
- Yield & Schedule: MPLX currently pays dividends quarterly with an annual yield of 7.34%.
- Dividend Growth: Since 2013, the dividend payout has grown by 508.5%, from $0.18 to $1.08.
- Dividend Reliability: MPLX has maintained or increased its dividend for 20 consecutive payments.
Company News
MPLX LP, a midstream pipeline operator, is highlighted as an attractive dividend stock with a 7.3% yield and a track record of consistent payout growth. The company benefits from long-term contracts with Marathon Petroleum, strategic acquisitions in the Permian and Marcellus regions, and exposure to growing natural gas liquids markets. With stron...
Enbridge and Oneok are compared as top pipeline stocks with strong dividend track records and stable cash flows. Both companies are investing in expansion projects to support future dividend growth. Enbridge is recommended as the better buy due to its higher dividend yield (4.90% vs 4.64%), larger project backlog ($26.5 billion secured through 20...
The article recommends three high-yield dividend stocks as defensive investments amid potential market weakness: Realty Income (O), a REIT with strong tenants and 28 years of consecutive dividend increases; MPLX, a pipeline operator with stable revenues independent of oil prices; and Brookfield Asset Management (BAM), a fee-based asset manager wi...
Four energy companies—Enbridge, Enterprise Products Partners, Energy Transfer, and MPLX—are positioned to benefit from increased power demand driven by AI data centers. All four offer dividend yields above 5%, with Enbridge and Enterprise Products Partners having strong track records of consecutive dividend increases. The companies are levera...
The article highlights three master limited partnerships (MLPs) in the pipeline sector offering attractive high dividend yields: Enterprise Products Partners (6% yield, 27-year distribution increase streak), Energy Transfer (7.1% yield, targeting 3-5% annual growth), and MPLX (7.7% yield, 11.6% compound annual growth since 2022). All three compan...
Related Companies









