MPLX L.P. (MPLX) Dividends

MPLX L.P. (MPLX): $41.48

0.29 (+0.70%)

POWR Rating

Component Grades

Momentum

A

Stability

B

Sentiment

Quality

B

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Industry: MLPs - Oil & Gas

Industry

A

Ranked

#2 of 24

in industry

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, MPLX's growth rate has been 0.73% over the past 5.5 years.
  • MPLX's compound annual growth rate of its cash flow over the past 5.5 years is 0.98% -- which is higher than about 98.4% stocks we're looking at.
  • As for stocks whose price is uncorrelated with MPLX's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PEGA, MOMO, MPX, AWK and XLNX.
MPLX Ex-Dividend Date
MPLX Dividend Yield
8.46%
MPLX Annual Dividend
$3.40
MPLX Payout Ratio

MPLX Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$41.48$384.38 1070.12%

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. Regarding Mplx Lp, the dividend discount model StockNews created for the company implies a positive return of 1070.12%. Digging deeper, the aspects of Mplx Lp's dividend discount model that we found most interesting were:

  • MPLX's market cap is about 34 billion US dollars -- its dividend yield of 8.58 is greater than 98.8% of its fellow stocks in the large market cap class.
  • In terms of opportunity, MPLX's provides a return of 1070.12% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 90.96% of all stocks we measured with our dividend discount model.
  • Based on dividend growth rate, MPLX boasts a higher growth rate in terms of its annual cash distributed to its owners than 97.53% of the dividend issuers in our set.


MPLX Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-02-02Dividend$0.85--
2023-11-02Dividend$0.85+9.68%
2023-08-03Dividend$0.78--
2023-05-04Dividend$0.78--
2023-02-03Dividend$0.78--
2022-11-14Dividend$0.78+9.93%
2022-08-04Dividend$0.71--
2022-05-05Dividend$0.71--
2022-02-03Dividend$0.71-44.92%
2021-11-10Dividend$1.28+86.05%
2021-08-05Dividend$0.69--
2021-05-06Dividend$0.69--
2021-02-05Dividend$0.69--
2020-11-05Dividend$0.69--
2020-08-06Dividend$0.69--
2020-05-07Dividend$0.69--
2020-02-03Dividend$0.69+1.47%
2019-11-01Dividend$0.68+1.50%
2019-08-02Dividend$0.67+1.52%
2019-05-08Dividend$0.66+1.70%
2019-02-04Dividend$0.65+1.57%
2018-11-02Dividend$0.64+1.59%
2018-08-03Dividend$0.63+1.46%
2018-05-04Dividend$0.62+1.64%
2018-02-02Dividend$0.61+3.58%
2017-11-03Dividend$0.59+4.26%
2017-08-03Dividend$0.56+4.26%
2017-05-04Dividend$0.54+3.85%
2017-02-02Dividend$0.52+0.97%
2016-11-02Dividend$0.52+0.98%
2016-07-29Dividend$0.51+0.99%
2016-04-29Dividend$0.51+1.00%
2016-02-02Dividend$0.50+6.38%
2015-10-30Dividend$0.47+6.82%
2015-07-31Dividend$0.44+7.32%
2015-05-01Dividend$0.41+7.19%
2015-01-30Dividend$0.38+6.99%
2014-10-31Dividend$0.36+4.38%
2014-07-31Dividend$0.34+4.58%
2014-05-01Dividend$0.33+4.80%
2014-01-31Dividend$0.31+5.04%
2013-10-31Dividend$0.30+4.39%
2013-07-31Dividend$0.29+4.59%
2013-05-08Dividend$0.27+54.04%
2013-01-31Dividend$0.18--


MPLX Dividends vs. Peers

MPLX's dividend yield currently ranks #29 of 80 vs. its peers in the MLPs - Oil & Gas category.
Rank Symbol Name Dividend Yield
1 CLMT Calumet Specialty Products Partners, L.P. - Common units representing limited partner interests 0.00%
2 CEQP Crestwood Equity Partners LP 0.00%
3 ETP Energy Transfer Partners, L.P. Common Units representing limited partner interests 0.00%
4 TCP TC PipeLines, LP Common Units representing Limited Partner Interests 0.00%
5 DKL Delek Logistics Partners L.P. 0.00%
6 SND Smart Sand, Inc. 0.00%
7 VTTI VTTI Energy Partners LP Common Units representing limited partner interests 0.00%
8 TGE Tallgrass Energy, LP Class A Shares 0.00%
9 TEP Tallgrass Energy Partners, LP Common Units representing limited partner interests 0.00%
10 FGP Ferrellgas Partners, L.P. 0.00%
11 HEP Holly Energy Partners, L.P. 0.00%
12 DCP DCP Midstream, LP Common Units 0.00%
13 SDLP Seadrill Partners LLC Common Limited Liability Company Interests 0.00%
14 WES Western Midstream Partners L.P. 0.00%
15 SEP Spectra Energy Partners, LP Common Units representing Limited Partner Interests 0.00%
16 ANDX Andeavor Logistics LP Common Units representing Limited Partner Interests 0.00%
17 TLP TransMontaigne Partners L.P. Transmontaigne Partners L.P. Common Units representing limited partner interests 0.00%
18 SGU Star Group L.P. 0.00%
19 WGP Western Gas Equity Partners, LP Common Limited Partner Interests 0.00%
20 ALDW Alon USA Partners, LP Common Units representing Limited Partner Interests 0.00%
21 NS Nustar Energy L.P. Common Units 0.00%
22 MMP Magellan Midstream Partners L.P. Limited Partnership 0.00%
23 NSH Nustar GP Holdings, LLC Units 0.00%
24 SHLX Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests 0.00%
25 PTXP PennTex Midstream Partners, LP - Common Limited Partnership Interests 0.00%
26 WNRL Western Refining Logistics, LP Common Units representing limited partner interests 0.00%
27 AM Antero Midstream Corporation 0.00%
28 CNXM CNX Midstream Partners LP Common Units representing limited partner interests 0.00%
29 MPLX MPLX L.P. 0.00%
30 WPT World Point Terminals, LP Common Units representing Limited Partner Interests 0.00%
31 MCEP Mid-Con Energy Partners, LP - Common Units 0.00%
32 PSXP Phillips 66 Partners LP 0.00%
33 WPZ Williams Partners, L.P. Common Limited Partner Interests 0.00%
34 SMLP Summit Midstream Partners, LP Common Limited Partner Interests 0.00%
35 TRGP Targa Resources, Inc. 0.00%
36 EEP Enbridge Energy, L.P. Common Units 0.00%
37 EVEP EV Energy Partners, L.P. - common units representing limited partnership interest 0.00%
38 SNMP Sanchez Midstream Partners LP 0.00%
39 BPL Buckeye Partners L.P. 0.00%
40 BPT BP Prudhoe Bay Royalty Trust 0.00%
41 GPP Green Plains Partners LP 0.00%
42 APLP Archrock Partners, L.P. - Common Units representing Limited Partner Interests 0.00%
43 ARCX Arc Logistic Partners LP Common Units representing limited partner interest 0.00%
44 BSM Black Stone Minerals, L.P 0.00%
45 SRLP Sprague Resources LP Common Units representing Limited Partner Interests 0.00%
46 EMES Emerge Energy Services LP Common Units representing Limited Partner Interests 0.00%
47 GEL Genesis Energy, L.P. Common Units 0.00%
48 CCLP CSI Compressco LP - common units 0.00%
49 BTE Baytex Energy Corp 0.00%
50 OKS ONEOK Partners, L.P. 0.00%
51 ENBL Enable Midstream Partners LP 0.00%
52 ENLC EnLink Midstream LLC 0.00%
53 ENLK EnLink Midstream Partners, LP Common Limited Partnership Interests 0.00%
54 BWP Boardwalk Pipeline Partners LP Common Units 0.00%
55 MMLP Martin Midstream Partners L.P. 0.00%
56 EPD Enterprise Products Partners L.P. 0.00%
57 PAA Plains All American Pipeline L.P. 0.00%
58 PAGP Plains Group Holdings, L.P. Class A Shares representing limited partner interests 0.00%
59 NBLX Noble Midstream Partners LP Common Limited Partner Interests 0.00%
60 CVRR CVR Refining, LP Common Limited Partner Interests 0.00%
61 OMP Oasis Midstream Partners LP 0.00%
62 EQGP EQGP Holdings, LP Common Units representing limited partner interests 0.00%
63 EQM EQM Midstream Partners, LP Common Units representing Limited Partner Interests 0.00%
64 GLP Global Partners LP 0.00%
65 PBFX PBF Logistics LP Common Units representing limited partner interests 0.00%
66 USAC USA Compression Partners L.P. 0.00%
67 CAPL CrossAmerica Partners L.P. 0.00%
68 SUN Sunoco L.P. 0.00%
69 ETE Energy Transfer Equity, L.P. Energy Transfer Equity, L.P. Common Units representing Limited Partnership interests 0.00%
70 RMP Rice Midstream Partners LP Common Units representing limited partner interests 0.00%
71 NDRO Enduro Royalty Trust Trust Units representing beneficial interest in the trust 0.00%
72 DMLP Dorchester Minerals L.P. 0.00%
73 CQH Cheniere Energy Partners LP Holdings, LLC 0.00%
74 CQP Cheniere Energy Partners L.P. 0.00%
75 VNOM Viper Energy Partners LP - Common Unit 0.00%
76 VNR Vanguard Natural Res 0.00%
77 NGL NGL Energy Partners LP 0.00%
78 VLP Valero Energy Partners LP Common Units representing limited partner interests 0.00%
79 LGCY Legacy Reserves Inc. 0.00%
80 BPMP BP Midstream Partners LP Common Units representing Limited Partner Interests 0.00%

Looking for More Information on MPLX dividends?

Want to do more research on Mplx Lp's dividends? Try the links below:

Mplx Lp Common Stock (MPLX) Dividend History | Nasdaq
Dividend History for Mplx Lp (MPLX) - Dividend Investor
Mplx Lp (MPLX) Dividend History - Seeking Alpha

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