Murphy USA Inc. (MUSA) Dividend History
Income profile from 2020 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
7.3% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 1.7% and trend is rising.
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.
Income Growth Story
Dividend per share and yield on cost over time (7 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Murphy USA Inc. distributes 7.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 15.4%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
MUSA has raised its dividend for 5 consecutive years, with a 3-year CAGR of 19.2% and 5-year CAGR of 53.8%.
Total Shareholder Returns
Beyond cash dividends, MUSA returns capital through share repurchases. The combined picture: 0.5% dividend yield, 6.1% buyback yield, 6.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.7% and is currently rising. The 5-year total return is 217.0%, with dividends contributing 6.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $62,713 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 23, 2026Latest | $0.6300 | — | 58.49% | Mar 5, 2026 |
| Nov 10, 2025 | $0.6300 | ↑ +18.9% | 60.09% | Dec 1, 2025 |
| Aug 25, 2025 | $0.5300 | ↑ +6.0% | 53.72% | Sep 4, 2025 |
| May 12, 2025 | $0.5000 | ↑ +2.0% | 43.69% | Jun 2, 2025 |
| Feb 24, 2025 | $0.4900 | ↑ +2.1% | 40.65% | Mar 5, 2025 |
| Nov 4, 2024 | $0.4800 | ↑ +6.7% | 37.27% | Dec 2, 2024 |
| Aug 26, 2024 | $0.4500 | ↑ +2.3% | 33.59% | Sep 5, 2024 |
| May 17, 2024 | $0.4400 | ↑ +4.8% | 37.44% | Jun 3, 2024 |
Dividend Peer Comparison
Peer group: Grocery, Convenience and Fuel Retail
Annual Dividend History
16 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.63 | — | 1 | — | — | — | 0.5% |
| 2025 | $2.15 | 20.1% | 4 | — | — | — | 1.7% |
| 2024 | $1.79 | 15.5% | 4 | $24.11 | 7.4% | 13.47x | 1.4% |
| 2023 | $1.55 | 22.0% | 4 | $25.49 | 6.1% | 16.45x | 1.2% |
| 2022 | $1.27 | 22.1% | 4 | $28.10 | 4.5% | 22.13x | 1.0% |
| 2021 | $1.04 | 316.0% | 4 | $14.92 | 7.0% | 14.35x | 0.8% |
| 2020 | $0.25 | — | 1 | $13.08 | 1.9% | 52.32x | 0.2% |
| 2019 | $0.00 | — | 0 | $4.86 | — | — | — |
| 2018 | $0.00 | — | 0 | $6.48 | — | — | — |
| 2017 | $0.00 | — | 0 | $6.78 | — | — | — |
See MUSA's True Return
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Start ComparisonFrequently Asked Questions
How much dividend does MUSA pay per share?
Murphy USA Inc. (MUSA) pays a trailing 12-month dividend of $1.77 per share, with a current dividend yield of +0.5%. Payments are made Annual.
When is MUSA's next ex-dividend date?
MUSA's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MUSA typically pays dividends Annual.
Is MUSA's dividend safe?
MUSA's dividend safety is rated "Sustainable" based on an earnings payout ratio of +7.3% and FCF payout ratio of +15.4%. The 5-year growth streak provides moderate confidence.
Is MUSA a Dividend Payer?
Yes, Murphy USA Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +53.8%, demonstrating above-inflation dividend growth.
How often does MUSA pay dividends?
Murphy USA Inc. pays dividends Annual. The trailing 12-month total is $1.77 per share. Dividend data on this page covers 6+ years from 2020 to 2026.
How much would $10,000 invested in MUSA grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MUSA five years ago would be worth approximately $31,698 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MUSA's yield on cost for long-term holders?
MUSA's yield on cost — the current dividend divided by the original purchase price — is +1.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.5% market yield, thanks to consistent dividend growth.