Marathon Petroleum Corp. (MPC) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, MPC has issued more dividends than 90.36% of other dividend-issuing US stocks.
- In terms trailing twelve months of dividends issued, MPC has returned $1,512,000,000 US dollars -- more than 90.8% of public US dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with MPC's price: WEN, K, IVC, EVI and IRS.
MPC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $159.38 | $104.64 | 25.85% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for MPC, the DDM model, as implemented by StockNews, implies a positive return of 25.85% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Marathon Petroleum Corp are:
- MPC's market cap is about 48 billion US dollars -- its dividend yield of 2.79 is greater than 70.55% of its fellow stocks in the large market cap class.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for MPC than it is for 26.42% of other equities in the Energy sector that also issue dividends.
- Based on dividend growth rate, Marathon Petroleum Corp has been increasing its dividends at a faster rate than 80.48% of US-listed dividend-issuing stocks we observed.
MPC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-20 | Dividend | $0.91 | +10.30% |
| 2024-08-21 | Dividend | $0.83 | -- |
| 2024-05-15 | Dividend | $0.83 | -- |
| 2024-02-20 | Dividend | $0.83 | -- |
| 2023-11-15 | Dividend | $0.83 | +10.00% |
| 2023-08-15 | Dividend | $0.75 | -- |
| 2023-05-16 | Dividend | $0.75 | -- |
| 2023-02-15 | Dividend | $0.75 | -- |
| 2022-11-15 | Dividend | $0.75 | +29.31% |
| 2022-08-16 | Dividend | $0.58 | -- |
| 2022-05-17 | Dividend | $0.58 | -- |
| 2022-02-15 | Dividend | $0.58 | -- |
| 2021-11-16 | Dividend | $0.58 | -- |
| 2021-08-17 | Dividend | $0.58 | -- |
| 2021-05-18 | Dividend | $0.58 | -- |
| 2021-02-16 | Dividend | $0.58 | -- |
| 2020-11-17 | Dividend | $0.58 | -- |
| 2020-08-18 | Dividend | $0.58 | -- |
| 2020-05-19 | Dividend | $0.58 | -- |
| 2020-02-18 | Dividend | $0.58 | +9.43% |
| 2019-11-19 | Dividend | $0.53 | -- |
| 2019-08-20 | Dividend | $0.53 | -- |
| 2019-05-15 | Dividend | $0.53 | -- |
| 2019-02-19 | Dividend | $0.53 | +15.22% |
| 2018-11-20 | Dividend | $0.46 | -- |
| 2018-08-15 | Dividend | $0.46 | -- |
| 2018-05-15 | Dividend | $0.46 | -- |
| 2018-02-20 | Dividend | $0.46 | +15.00% |
| 2017-11-15 | Dividend | $0.40 | -- |
| 2017-08-14 | Dividend | $0.40 | +11.11% |
| 2017-05-15 | Dividend | $0.36 | -- |
| 2017-02-14 | Dividend | $0.36 | -- |
| 2016-11-14 | Dividend | $0.36 | -- |
| 2016-08-15 | Dividend | $0.36 | +12.50% |
| 2016-05-16 | Dividend | $0.32 | -- |
| 2016-02-12 | Dividend | $0.32 | -- |
| 2015-11-16 | Dividend | $0.32 | -- |
| 2015-08-17 | Dividend | $0.32 | +28.00% |
| 2015-06-11 | Split | 2-1-for-1 Stock Split | N/A |
| 2015-05-18 | Dividend | $0.50 | -- |
| 2015-02-13 | Dividend | $0.50 | -- |
| 2014-11-17 | Dividend | $0.50 | -- |
| 2014-08-18 | Dividend | $0.50 | +19.05% |
| 2014-05-19 | Dividend | $0.42 | -- |
| 2014-02-14 | Dividend | $0.42 | -- |
| 2013-11-18 | Dividend | $0.42 | -- |
| 2013-08-19 | Dividend | $0.42 | +20.00% |
| 2013-05-14 | Dividend | $0.35 | -- |
| 2013-02-15 | Dividend | $0.35 | -- |
| 2012-11-19 | Dividend | $0.35 | -- |
| 2012-08-14 | Dividend | $0.35 | +40.00% |
| 2012-05-14 | Dividend | $0.25 | -- |
| 2012-02-14 | Dividend | $0.25 | -- |
| 2011-11-14 | Dividend | $0.25 | +25.00% |
| 2011-08-15 | Dividend | $0.20 | -- |
MPC Dividends vs. Peers
Looking for More Information on MPC dividends?
Here are a few links from around the web to help you further your research on Marathon Petroleum Corp and its dividends:Marathon Petroleum Corp Common Stock (MPC) Dividend History | Nasdaq
Dividend History for Marathon Petroleum Corp (MPC) - Dividend Investor
Marathon Petroleum Corp (MPC) Dividend History - Seeking Alpha