MPLX L.P. (MPLX) Dividends
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 Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $41.88 | $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 |
|---|---|---|---|
| 2024-02-02 | Dividend | $0.85 | -- |
| 2023-11-02 | Dividend | $0.85 | +9.68% |
| 2023-08-03 | Dividend | $0.78 | -- |
| 2023-05-04 | Dividend | $0.78 | -- |
| 2023-02-03 | Dividend | $0.78 | -- |
| 2022-11-14 | Dividend | $0.78 | +9.93% |
| 2022-08-04 | Dividend | $0.71 | -- |
| 2022-05-05 | Dividend | $0.71 | -- |
| 2022-02-03 | Dividend | $0.71 | -44.92% |
| 2021-11-10 | Dividend | $1.28 | +86.05% |
| 2021-08-05 | Dividend | $0.69 | -- |
| 2021-05-06 | Dividend | $0.69 | -- |
| 2021-02-05 | Dividend | $0.69 | -- |
| 2020-11-05 | Dividend | $0.69 | -- |
| 2020-08-06 | Dividend | $0.69 | -- |
| 2020-05-07 | Dividend | $0.69 | -- |
| 2020-02-03 | Dividend | $0.69 | +1.47% |
| 2019-11-01 | Dividend | $0.68 | +1.50% |
| 2019-08-02 | Dividend | $0.67 | +1.52% |
| 2019-05-08 | Dividend | $0.66 | +1.70% |
| 2019-02-04 | Dividend | $0.65 | +1.57% |
| 2018-11-02 | Dividend | $0.64 | +1.59% |
| 2018-08-03 | Dividend | $0.63 | +1.46% |
| 2018-05-04 | Dividend | $0.62 | +1.64% |
| 2018-02-02 | Dividend | $0.61 | +3.58% |
| 2017-11-03 | Dividend | $0.59 | +4.26% |
| 2017-08-03 | Dividend | $0.56 | +4.26% |
| 2017-05-04 | Dividend | $0.54 | +3.85% |
| 2017-02-02 | Dividend | $0.52 | +0.97% |
| 2016-11-02 | Dividend | $0.52 | +0.98% |
| 2016-07-29 | Dividend | $0.51 | +0.99% |
| 2016-04-29 | Dividend | $0.51 | +1.00% |
| 2016-02-02 | Dividend | $0.50 | +6.38% |
| 2015-10-30 | Dividend | $0.47 | +6.82% |
| 2015-07-31 | Dividend | $0.44 | +7.32% |
| 2015-05-01 | Dividend | $0.41 | +7.19% |
| 2015-01-30 | Dividend | $0.38 | +6.99% |
| 2014-10-31 | Dividend | $0.36 | +4.38% |
| 2014-07-31 | Dividend | $0.34 | +4.58% |
| 2014-05-01 | Dividend | $0.33 | +4.80% |
| 2014-01-31 | Dividend | $0.31 | +5.04% |
| 2013-10-31 | Dividend | $0.30 | +4.39% |
| 2013-07-31 | Dividend | $0.29 | +4.59% |
| 2013-05-08 | Dividend | $0.27 | +54.04% |
| 2013-01-31 | Dividend | $0.18 | -- |
MPLX Dividends vs. Peers
MPLX's dividend yield currently ranks #29 of 80 vs. its peers in the MLPs - Oil & Gas category.
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