MPLX Dividend History & Yield

MPLX LP · NYSE

Stock Energy Quarterly payer High yieldMidstreamMLP
$59.83
+0.27% today
as of Sep 8, 2026
TTM yield
7.20%
$4.308/share over the last 12 months
Forward yield
7.20%
$4.308/share indicated annual rate
Annual dividend
$4.308
per share, forward
Per payment
$1.077
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 6, 2026 Estimated
in 59 days
Next pay date
Nov 20, 2026
in 73 days
Last ex-dividend date
Aug 7, 2026
$1.077 per share
Payout ratio
90%
of earnings
Market cap
60.7B
P/E 12.9
5y dividend CAGR
+9.4%
annualised, regular payments
Growth streak
3 yrs
consecutive annual raises
Years paying
13.6
since Jan 31, 2013
1y total return
+26.1%
price +17.6% + dividends 8.5%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 6, 2026 (in 59 days) Nov 20, 2026 $1.077 $107.70 Estimated
Fri, Feb 5, 2027 (in 150 days) Feb 19, 2027 $1.077 $107.70 Estimated
Fri, May 7, 2027 (in 241 days) May 21, 2027 $1.077 $107.70 Estimated
Fri, Aug 6, 2027 (in 332 days) Aug 20, 2027 $1.077 $107.70 Estimated

Estimated dates and amounts are projected from MPLX's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $4.308 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 2, 2016 to Aug 7, 2026; most recent $1.077$0.00$0.75$1.50Nov 2, 2016: $0.515Nov '16Feb 2, 2017: $0.52May 4, 2017: $0.54Aug 3, 2017: $0.563Nov 3, 2017: $0.588Feb 2, 2018: $0.608Feb '18May 4, 2018: $0.618Aug 3, 2018: $0.628Nov 2, 2018: $0.638Feb 4, 2019: $0.648May 8, 2019: $0.658May '19Aug 2, 2019: $0.668Nov 1, 2019: $0.678Feb 3, 2020: $0.688May 7, 2020: $0.688Aug 6, 2020: $0.688Aug '20Nov 5, 2020: $0.688Feb 5, 2021: $0.688May 6, 2021: $0.688Aug 5, 2021: $0.688Nov 10, 2021: $1.28Nov '21Feb 3, 2022: $0.705May 5, 2022: $0.705Aug 4, 2022: $0.705Nov 14, 2022: $0.775Feb 3, 2023: $0.775Feb '23May 4, 2023: $0.775Aug 3, 2023: $0.775Nov 2, 2023: $0.85Feb 2, 2024: $0.85May 2, 2024: $0.85May '24Aug 9, 2024: $0.85Nov 8, 2024: $0.957Feb 3, 2025: $0.957May 9, 2025: $0.957Aug 8, 2025: $0.957Aug '25Nov 7, 2025: $1.077Feb 9, 2026: $1.077May 8, 2026: $1.077Aug 7, 2026: $1.077

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.50$5.002017: $2.211$2.21120172018: $2.492$2.49220182019: $2.652$2.65220192020: $2.752$2.75220202021: $3.344$3.34420212022: $2.89$2.8920222023: $3.175$3.17520232024: $3.507$3.50720242025: $3.948$3.94820252026 (YTD): $3.231$3.2312026 YTD

How much MPLX do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month279$16,666$1,200
$500 / month1,393$83,329$6,000
$1,000 / month2,786$166,657$12,000

Based on the forward yield of 7.20%. $10,000 in MPLX would currently pay about $720 a year ($60 a month on average). Model reinvestment and growth →

MPLX dividend history

Ex-datePay dateAmountChange
Aug 7, 2026 $1.077 +0.0%
May 8, 2026 $1.077 +0.0%
Feb 9, 2026 $1.077 +0.0%
Nov 7, 2025 $1.077 +12.5%
Aug 8, 2025 $0.957 +0.0%
May 9, 2025 $0.957 +0.0%
Feb 3, 2025 $0.957 +0.0%
Nov 8, 2024 $0.957 +12.6%
Aug 9, 2024 $0.85 +0.0%
May 2, 2024 $0.85 +0.0%
Feb 2, 2024 $0.85 +0.0%
Nov 2, 2023 $0.85 +9.7%
Aug 3, 2023 $0.775 +0.0%
May 4, 2023 $0.775 +0.0%
Feb 3, 2023 $0.775 +0.0%
Nov 14, 2022 $0.775 +9.9%
Aug 4, 2022 $0.705 +0.0%
May 5, 2022 $0.705 +0.0%
Feb 3, 2022 $0.705 -44.9%
Nov 10, 2021 $1.28 +86.0%
Aug 5, 2021 $0.688 +0.0%
May 6, 2021 $0.688 +0.0%
Feb 5, 2021 $0.688 +0.0%
Nov 5, 2020 $0.688 +0.0%

Payout risk check

Yield-trap heuristicModerate risk

MPLX scores 45/100 on our yield-trap heuristic (moderate risk).

3 warning flags raised:

  • Payout ratio above 80% of earnings
  • Yield above 7%
  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About MPLX LP

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate.

Sector: Energy. Industry: Oil & Gas Midstream. First dividend on our records: Jan 31, 2013. 55 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

MPLX dividend FAQ

When is MPLX's next ex-dividend date?

MPLX's next ex-dividend date is Nov 6, 2026 (in 59 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.077 per share, expected on Nov 20, 2026.

How often does MPLX pay dividends?

MPLX pays dividends every quarter, 4 times a year. The most recent payment was $1.077 per share with an ex-date of Aug 7, 2026.

What is MPLX's dividend yield?

MPLX's trailing 12-month dividend yield is 7.20%, based on $4.308 per share paid over the last year and a share price of $59.83. The forward yield, using the indicated annual rate of $4.308 per share, is 7.20%.

How much does MPLX pay per share?

MPLX pays about $1.077 per share each quarter, which works out to roughly $4.308 per share a year. 100 shares would collect about $430.80 a year.

Has MPLX grown or cut its dividend?

MPLX has raised its annual dividend for 3 consecutive years. Over the last 5 years the regular payout has grown at 9.4% a year (+12.5% over the last year). MPLX did cut a regular payment within the last 5 years.

How many shares of MPLX do I need to earn $100 a month?

At the current forward yield of 7.20%, you would need about 279 shares of MPLX (roughly $16,666 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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