MPLX LP

MPLX

MPLX 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.

$57.06 -0.11 (-0.19%)
Dividend Yield 7.34%
Payout Frequency Quarterly

Dividend History

Pay DateAmountEx-DateRecord Date
May 15, 2026$1.082026-05-082026-05-08
February 17, 2026$1.082026-02-092026-02-09
November 14, 2025$1.082025-11-072025-11-07
August 15, 2025$0.962025-08-082025-08-08
May 16, 2025$0.962025-05-092025-05-09

Dividends Summary

Company News

Want Durable Dividend Income That Can Last for Decades? Buy This Stock and Never Look Back.
The Motley Fool • Todd Shriber • July 6, 2026

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...

Pipeline Stock Face-Off: Is Enbridge or Oneok the Better Buy Right Now?
The Motley Fool • Matt Dilallo • June 13, 2026

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 Best High-Yield Dividend Stocks to Buy With $1,000 in June
The Motley Fool • James Brumley • June 3, 2026

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...

4 Dividend Energy Stocks to Buy Right Now
The Motley Fool • Jack Delaney • May 17, 2026

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...

3 Pipeline Stocks With Sky-High Yields to Buy Now and Never Sell
The Motley Fool • Matt Dilallo • April 21, 2026

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...

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