Mplx (MPLX) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $4.31
- Forward yield
- 7.57%
- Payout ratio
- 92.6%
- Growth streak
- 4 years
MPLX pays a quarterly distribution of $1.08 per unit. Its most recent distribution had an ex-date of August 7, 2026 and was paid on August 14, 2026. Over the trailing twelve months, it paid $4.31 per unit, a yield of about 7.46% at a unit price of $57.73.
The record shows a regular annual rhythm. MPLX has raised its distribution once a year, each time with the payment that goes ex-distribution in November. The rate went from $0.71 to $0.78 in 2022, then to $0.85 in 2023, $0.96 in 2024 and $1.08 in 2025. The raises ranged from about 9% to 13%, and the last two were the largest. Since late 2021, the quarterly rate has grown about 52%, or about 11% a year. Distributions by calendar year rose from $2.91 in 2022 to $3.96 in 2025. The source counts a growth streak of four years.
Ex-dates fall in early to mid February, May, August and November, with payment one to two weeks later. If the pattern holds, the next distribution would go ex-distribution in early to mid November 2026 and be paid in mid November. That is the payment where past raises have appeared.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 28, 2026 | Aug 7, 2026 | Aug 14, 2026 | $1.08 |
| Apr 28, 2026 | May 8, 2026 | May 15, 2026 | $1.08 |
| Jan 29, 2026 | Feb 9, 2026 | Feb 17, 2026 | $1.08 |
| Oct 28, 2025 | Nov 7, 2025 | Nov 14, 2025 | $1.08 |
| Jun 30, 2025 | Aug 8, 2025 | Aug 15, 2025 | $0.96 |
| Apr 29, 2025 | May 9, 2025 | May 16, 2025 | $0.96 |
| Jan 22, 2025 | Feb 3, 2025 | Feb 14, 2025 | $0.96 |
| Oct 29, 2024 | Nov 8, 2024 | Nov 15, 2024 | $0.96 |
| Jul 30, 2024 | Aug 9, 2024 | Aug 16, 2024 | $0.85 |
| Apr 23, 2024 | May 2, 2024 | May 13, 2024 | $0.85 |
| Jan 24, 2024 | Feb 2, 2024 | Feb 14, 2024 | $0.85 |
| Oct 24, 2023 | Nov 2, 2023 | Nov 13, 2023 | $0.85 |
| Jul 25, 2023 | Aug 3, 2023 | Aug 14, 2023 | $0.78 |
| Apr 25, 2023 | May 4, 2023 | May 15, 2023 | $0.78 |
| Jan 25, 2023 | Feb 3, 2023 | Feb 14, 2023 | $0.78 |
| Nov 1, 2022 | Nov 14, 2022 | Nov 22, 2022 | $0.78 |
| Jul 26, 2022 | Aug 4, 2022 | Aug 12, 2022 | $0.71 |
| Apr 26, 2022 | May 5, 2022 | May 13, 2022 | $0.71 |
| Jan 25, 2022 | Feb 3, 2022 | Feb 14, 2022 | $0.71 |
| Nov 2, 2021 | Nov 10, 2021 | Nov 19, 2021 | $0.71 |
Frequently asked questions
Does Mplx (MPLX) pay a dividend?
Yes. Mplx pays a quarterly dividend; the most recent payment was $1.08 per share.
What is MPLX's dividend yield?
Mplx paid $4.31 per share over the trailing twelve months, a yield of 7.57% at the last price of $56.91. Click here to learn more
When is MPLX's most recent ex-dividend date?
Mplx's most recent ex-dividend date is Aug 7, 2026, payable on Aug 14, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MPLX been raising its dividend?
Yes — Mplx has increased its dividend for 4 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.