Murphy USA (MUSA) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $2.55
- Forward yield
- 0.49%
- Payout ratio
- 7.6%
- Growth streak
- 4 years
Murphy USA pays a quarterly dividend of $0.65 per share. The latest payment had an ex-date of August 24, 2026, and was paid on September 3, 2026. Over the trailing twelve months, the company distributed $2.55 per share, representing a dividend yield of 0.49% at a share price of $522.135. Murphy USA maintains a dividend growth streak of 4 years.
Quarterly payments began in late 2020 at $0.25 per share. Annual totals for complete calendar years have increased continuously, moving from $1.04 in 2021 to $1.27 in 2022, $1.55 in 2023, $1.79 in 2024, and $2.15 in 2025. These annual totals expanded by 22.1% in 2022, 22.0% in 2023, 15.5% in 2024, and 20.1% in 2025.
The company frequently increases its payout, often raising the dividend nearly every quarter. Quarterly increases typically range from 1 to 3 cents, alongside larger late-year bumps such as a 10-cent rise from $0.53 to $0.63 in November 2025. Payments in 2026 increased by 1 cent in May to $0.64 and another cent in August to $0.65. If this quarterly pattern continues, the next ex-date will fall in November 2026.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 13, 2026 | Aug 24, 2026 | Sep 3, 2026 | $0.65 |
| May 7, 2026 | May 18, 2026 | Jun 1, 2026 | $0.64 |
| Feb 12, 2026 | Feb 23, 2026 | Mar 5, 2026 | $0.63 |
| Oct 29, 2025 | Nov 10, 2025 | Dec 1, 2025 | $0.63 |
| Aug 14, 2025 | Aug 25, 2025 | Sep 4, 2025 | $0.53 |
| May 1, 2025 | May 12, 2025 | Jun 2, 2025 | $0.50 |
| Feb 13, 2025 | Feb 24, 2025 | Mar 5, 2025 | $0.49 |
| Oct 24, 2024 | Nov 4, 2024 | Dec 2, 2024 | $0.48 |
| Aug 15, 2024 | Aug 26, 2024 | Sep 5, 2024 | $0.45 |
| May 9, 2024 | May 17, 2024 | Jun 3, 2024 | $0.44 |
| Feb 15, 2024 | Feb 23, 2024 | Mar 7, 2024 | $0.42 |
| Oct 26, 2023 | Nov 3, 2023 | Dec 1, 2023 | $0.41 |
| Aug 17, 2023 | Aug 25, 2023 | Sep 7, 2023 | $0.39 |
| May 4, 2023 | May 12, 2023 | Jun 1, 2023 | $0.38 |
| Feb 9, 2023 | Feb 17, 2023 | Mar 1, 2023 | $0.37 |
| Oct 20, 2022 | Nov 7, 2022 | Dec 1, 2022 | $0.35 |
| Aug 18, 2022 | Aug 29, 2022 | Sep 8, 2022 | $0.32 |
| May 5, 2022 | May 16, 2022 | Jun 1, 2022 | $0.31 |
| Feb 10, 2022 | Feb 17, 2022 | Mar 3, 2022 | $0.29 |
| Oct 27, 2021 | Nov 5, 2021 | Dec 1, 2021 | $0.29 |
Frequently asked questions
Does Murphy USA (MUSA) pay a dividend?
Yes. Murphy USA pays a quarterly dividend; the most recent payment was $0.65 per share.
What is MUSA's dividend yield?
Murphy USA paid $2.55 per share over the trailing twelve months, a yield of 0.49% at the last price of $523.21. Click here to learn more
When is MUSA's most recent ex-dividend date?
Murphy USA's most recent ex-dividend date is Aug 24, 2026, payable on Sep 3, 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 MUSA been raising its dividend?
Yes — Murphy USA 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.