Dividend Details
MPLX (NYSE:MPLX) will go ex-dividend tomorrow, August 07, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $1.0770 per share. The dividend will be paid on August 14, 2026.
Market Overview
At the current stock price of $59.30, MPLX's dividend represents an annual yield of 7.26%. The Energy company has a market capitalization of $55.5B.
Investors who purchase MPLX shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
At a 7.26% yield, MPLX offers above-average income relative to the broader market. High yields can be attractive for income investors but also warrant scrutiny — an elevated yield sometimes reflects a declining stock price rather than generous payouts. Comparing the yield against the company's payout ratio and earnings trajectory provides a clearer picture of sustainability.
MPLX Dividend History
| Ex-Date | Pay Date | Amount/Share |
| Aug 07, 2026 | N/A | $1.0770 |
| May 08, 2026 | N/A | $1.0770 |
| Feb 09, 2026 | N/A | $1.0770 |
| Nov 07, 2025 | N/A | $1.0770 |
| Aug 08, 2025 | N/A | $0.9570 |
| May 09, 2025 | N/A | $0.9570 |
Related Tools: Dividend Calculator | Ex-Dividend Calendar | View MPLX Stock Page
Frequently Asked Questions
What is MPLX's current dividend yield?
See the latest dividend yield and payout history on our MPLX dividend page.
How can I calculate dividend income from MPLX?
Use our Dividend Calculator to estimate annual income based on your share count.