Marathon Petroleum Corporation (MPC) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
MPC Dividend Income Check
Safety
28.2% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 9.2% and trend is rising.
MPC Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MPC Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
MPC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Marathon Petroleum Corporation distributes 28.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 19.1%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
MPC has raised its dividend for 4 consecutive years, with a 3-year CAGR of 14.4% and 5-year CAGR of 10.0%.
Total Shareholder Returns
Beyond cash dividends, MPC returns capital through share repurchases. The combined picture: 1.5% dividend yield, 4.9% buyback yield, 6.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 9.2% and is currently rising. The 5-year total return is 339.5%, with dividends contributing 26.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $77,604 today.
MPC Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 20, 2026Latest | $1.0000 | — | 1.51% | Jun 10, 2026 |
| Feb 18, 2026 | $1.0000 | — | 1.91% | Mar 10, 2026 |
| Nov 19, 2025 | $1.0000 | ↑ +9.9% | 1.91% | Dec 10, 2025 |
| Aug 20, 2025 | $0.9100 | — | 2.20% | Sep 10, 2025 |
| May 21, 2025 | $0.9100 | — | 2.27% | Jun 10, 2025 |
| Feb 19, 2025 | $0.9100 | — | 2.22% | Mar 10, 2025 |
| Nov 20, 2024 | $0.9100 | ↑ +10.3% | 2.12% | Dec 10, 2024 |
| Aug 21, 2024 | $0.8250 | — | 1.92% | Sep 10, 2024 |
MPC Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $70.9B | 1.5% | 28.2% | 4 | Sustainable | |
| $70.7B | 1.9% | 59.8% | 3 | Sustainable | |
| $66.6B | 2.8% | 43.7% | 14 | Sustainable | |
| $4.4B | 3.0% | — | 3 | Unknown | |
| $2.5B | 2.5% | — | 3 | Unknown | |
2nd | $57.7B | 6.9% | 81.8% | 4 | Watch |
3rd | $64.5B | 6.9% | 96.4% | 4 | At Risk |
1st | $15.1B | 7.1% | 74.6% | 4 | Watch |
| $55.5B | 1.5% | 44.4% | 4 | Sustainable |
MPC Annual Dividend History (2008–2026)
19 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.00 | — | 2 | — | — | — | 4.9% |
| 2025 | $3.73 | 10.2% | 4 | $13.27 | 28.1% | 3.56x | 9.2% |
| 2024 | $3.38 | 10.1% | 4 | $10.09 | 33.5% | 2.98x | 8.3% |
| 2023 | $3.08 | 23.5% | 4 | $23.65 | 13.0% | 7.69x | 7.5% |
| 2022 | $2.49 | 7.3% | 4 | $28.12 | 8.9% | 11.29x | 6.1% |
| 2021 | $2.32 | 0.0% | 4 | $2.69 | 86.2% | 1.16x | 5.7% |
| 2020 | $2.32 | 9.4% | 4 | $-15.14 | — | — | 5.7% |
| 2019 | $2.12 | 15.2% | 4 | $3.97 | 53.4% | 1.87x | 5.2% |
| 2018 | $1.84 | 21.1% | 4 | $5.28 | 34.8% | 2.87x | 4.5% |
| 2017 | $1.52 | 11.8% | 4 | $6.70 | 22.7% | 4.41x | 3.7% |
Full Stock Analysis
Deep dive into MPC consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
15+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
MPC — Frequently Asked Questions
Quick answers to the most common questions about buying MPC stock.
How much dividend does MPC pay per share?
Marathon Petroleum Corporation (MPC) pays a trailing 12-month dividend of $3.74 per share, with a current dividend yield of +1.5%. Payments are made Semi-Annual.
When is MPC's next ex-dividend date?
MPC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MPC typically pays dividends Semi-Annual.
Is MPC's dividend safe?
MPC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +28.2% and FCF payout ratio of +19.1%. The 4-year growth streak provides moderate confidence.
Is MPC a Dividend Payer?
Yes, Marathon Petroleum Corporation is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +10.0%, demonstrating above-inflation dividend growth.
How often does MPC pay dividends?
Marathon Petroleum Corporation pays dividends Semi-Annual. The trailing 12-month total is $3.74 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in MPC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MPC five years ago would be worth approximately $43,953 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MPC's yield on cost for long-term holders?
MPC's yield on cost — the current dividend divided by the original purchase price — is +9.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.5% market yield, thanks to consistent dividend growth.