Mplx Lp (MPLX) Dividend Yield, History & Safety Analysis
Mplx Lp (MPLX) pays a high 7.65% dividend yield, or $4.31 per share annually at a stock price of $55.92. The payout ratio of 88% is elevated, which may indicate the dividend could be cut if earnings decline. Earnings cover the dividend 1.1x. Dividend growth is accelerating — the 3-year CAGR of 11.4% exceeds the 5-year rate of 8.8% and the 10-year rate of 8.1%. The most recent ex-dividend date was May 8, 2026.
- Dividend Yield
- 7.65%
- Annual Dividend
- $4.31
- Payout Ratio
- 88.0%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-05-08
- Sector
- Energy
- Earnings Per Share
- $4.62
Frequently Asked Questions
What is MPLX's current dividend yield?
Mplx Lp (MPLX) has a dividend yield of 7.65%, paying $4.31 per share annually.
How often does MPLX pay dividends?
Mplx Lp typically pays dividends on a quarterly basis. The annual dividend totals $4.31 per share.
Is MPLX's dividend safe?
Mplx Lp's dividend safety is rated "At Risk." The payout ratio of 88% is elevated, which may indicate the dividend could be cut if earnings decline. Earnings cover the dividend 1.1x.
When is MPLX's next ex-dividend date?
The most recent ex-dividend date for Mplx Lp was May 8, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is MPLX's dividend growth rate?
Mplx Lp has a 5-year dividend compound annual growth rate (CAGR) of 8.8%. The 10-year CAGR is 8.1%.
What is MPLX's payout ratio?
Mplx Lp has a payout ratio of 88%, meaning it distributes 88% of its earnings as dividends. This is elevated and may limit future increases.
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