MPLX Dividend Calculator
MPLX LP · how much MPLX pays you, by shares or dollars · updated
100 shares of MPLX pay $484.00 a year in dividends, about $121.00 each quarter, at the current quarterly dividend of $1.21 per share (as of Nov 5, 2026). At the $56.67 share price that is a 8.54% yield, so $10,000 buys about 176.5 shares and pays about $854 a year. To get the next payment, buy by Nov 5, 2026.
Per share, a year
$4.84
100 shares, a year
$484.00
$10,000 invested, a year
$854.14
Shares for $1,000 a month
2,480
MPLX MPLX LP
$56.67 · $4.84/yr dividend · 8.61% yield · quarterly
Annual income
$484.00
Monthly (average)
$40.33
Per payment (quarterly)
$121.00
Dividend yield
8.54%
Yield on cost
—
Enter your cost
Position value
$5,667
Your payments over the next 12 months
Based on MPLX's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 7.48% a year
Same shares, no reinvestment. Year 10: $926 · 10-year total: $6,841. Add reinvestment in the DRIP calculator →
How many MPLX shares for a monthly income
Shares and money needed to earn each monthly amount from MPLX dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 248 | $14,053 |
| $250 a month | 620 | $35,132 |
| $500 a month | 1,240 | $70,265 |
| $1,000 a month | 2,480 | $140,529 |
| $2,000 a month | 4,959 | $281,002 |
| $5,000 a month | 12,397 | $702,476 |
What 100 shares of MPLX paid each year
Holding 100 shares, you would have received $203.00 in 2016 and $394.80 in 2025, up 94%, without buying another share. If the dividend kept growing 7.5% a year, its five-year pace, the same 100 shares would pay about $927 in year 10. That is a projection, not a promise.
When you get the next MPLX dividend
Last day to buy
Nov 5, 2026
Ex-dividend date
Nov 6, 2026
Pay date
Nov 13, 2026
Buy MPLX by the close on the last day to buy and you are paid $1.21 per share on Nov 13, 2026. Buy on the ex-dividend date or later and the seller gets it. MPLX ex-dividend dates →
How the MPLX dividend is calculated
Yearly income = shares × $4.84
Each payment = shares × $1.21
Shares for a monthly income = (monthly goal × 12) ÷ $4.84
The rate is MPLX's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the MPLX dividend safety grade before counting on it.
Key facts: MPLX dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of MPLX pay $484.00 a year in dividends before tax, about $121.00 each quarter, at $4.84 per share a year.
- At its Nov 5, 2026 share price of $56.67, MPLX yields 8.54%: $10,000 buys about 176.5 shares, which pay about $854.14 a year.
- Earning $1,000 a month ($12,000 a year) from MPLX dividends alone takes about 2,480 shares, roughly $140,529 at today's price, before tax.
- 100 shares of MPLX paid $203.00 in dividends in 2016 and $394.80 in 2025, up 94%.
- The next MPLX dividend goes ex-dividend on Nov 6, 2026 and is paid on Nov 13, 2026; the last day to buy shares and receive it is Nov 5, 2026.
Cite this page
SmarterDividends, "MPLX Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MPLX/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of MPLX pay?
As of Nov 5, 2026, 100 shares of MPLX pay $484.00 a year in dividends before tax, about $121.00 each quarter, at $4.84 per share a year.
How much dividend does 1,000 shares of MPLX pay?
About $4,840 a year before tax, or $1,210.00 each quarter, at MPLX's current rate of $4.84 per share a year. Buying 1,000 shares costs about $56,665 at the Nov 5, 2026 price.
How many shares of MPLX do I need to make $1,000 a month?
About 2,480 shares. $1,000 a month is $12,000 a year; divided by $4.84 a share, that's 2,480 shares, or about $140,529 at today's $56.67 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in MPLX to make $100 a month?
About $14,049. $100 a month is $1,200 a year, and at a 8.54% yield that takes $14,049, or about 248 shares.
How often does MPLX pay dividends?
MPLX pays every quarter, usually in February, May, August and November, so you get 4 payments a year of about $1.21 per share each.
How is the MPLX dividend calculated?
Multiply your shares by the dividend per share. MPLX pays about $4.84 per share a year, so each share earns $4.84 a year and $1.21 each quarter. Shares bought on or after the ex-dividend date don't get the next payment.
Are MPLX dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to MPLX