MPLX LP
MPLXEnergy · Stock · quarterly payer
$56.32
Add to PortfolioForward Yield
7.65%
Annual Dividend
$4.31
Payout Ratio
88%
5-Yr Growth
6.8%
Ex-Date
May 8, 2026
Frequency
Quarterly
MPLX Dividend Safety Score
79/ 100
Grade B
Safe
Dividend-growth streak12 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage88% of earnings paid out
Balance-sheet strengthDebt/equity of 1.83
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MPLX a good dividend stock?
YesMPLX LP (MPLX) pays a quarterly dividend yielding 7.65% ($4.31/yr), with 12 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 6.8% 5-yr dividend growth
- 89% total price return over 5 years
Risks
- Elevated payout ratio (88%)
Key Data
- Dividend Yield
- 7.65%
- Payout Ratio
- 88%
- Annual Dividend
- $4.31
- 5-Yr Avg Growth
- 6.8%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.46
- Market Cap
- $57.1B
- P/E Ratio
- 12.2
- 5-Yr Total Return
- 89%
- 52-Week Range
- $47.80 – $59.98
- Dividend Safety
- B · 79/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $1.0770 | regular |
| Feb 9, 2026 | — | $1.0770 | regular |
| Nov 7, 2025 | — | $1.0770 | regular |
| Aug 8, 2025 | — | $0.9570 | regular |
| May 9, 2025 | — | $0.9570 | regular |
| Feb 3, 2025 | — | $0.9570 | regular |
| Nov 8, 2024 | — | $0.9570 | regular |
| Aug 9, 2024 | — | $0.8500 | regular |
| May 2, 2024 | — | $0.8500 | regular |
| Feb 2, 2024 | — | $0.8500 | regular |
| Nov 2, 2023 | — | $0.8500 | regular |
| Aug 3, 2023 | — | $0.7750 | regular |
| May 4, 2023 | — | $0.7750 | regular |
| Feb 3, 2023 | — | $0.7750 | regular |
Income Calculator
At $4.31 / yr per share
Per payment (quarterly)$107.75
Annual$431.00
Monthly avg$35.92
