Marathon Petroleum Corp

Marathon Petroleum Corp MPC

Dividend Summary

The next Marathon Petroleum Corp dividend is expected to go ex in 27 days and to be paid in 2 months.
The previous Marathon Petroleum Corp dividend was 58c and it went ex 2 months ago and it was paid 1 month ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 58c Sign Up Required
Declaration date 29 Jul 2020 (Wed) 28 Oct 2020 (Wed)
Ex-div date 18 Aug 2020 (Tue) 17 Nov 2020 (Tue)
Pay date 10 Sep 2020 (Thu) 10 Dec 2020 (Thu)

Enter the number of Marathon Petroleum Corp shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
84%
Our premium tools have predicted Marathon Petroleum Corp with 84% accuracy.
Dividend Yield Today
8.1%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Marathon Petroleum Corp
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 27 Jan 2025 18 Feb 2025 10 Mar 2025 USD Sign up
Forecast Quarterly 30 Oct 2024 19 Nov 2024 10 Dec 2024 USD Sign up
Forecast Quarterly 31 Jul 2024 20 Aug 2024 10 Sep 2024 USD Sign up
Forecast Quarterly 24 Apr 2024 14 May 2024 10 Jun 2024 USD Sign up
Forecast Quarterly 29 Jan 2024 20 Feb 2024 11 Mar 2024 USD Sign up
Forecast Quarterly 25 Oct 2023 14 Nov 2023 11 Dec 2023 USD Sign up
Forecast Quarterly 26 Jul 2023 15 Aug 2023 11 Sep 2023 USD Sign up
Forecast Quarterly 26 Apr 2023 16 May 2023 12 Jun 2023 USD Sign up
Forecast Quarterly 30 Jan 2023 14 Feb 2023 10 Mar 2023 USD Sign up
Forecast Quarterly 26 Oct 2022 15 Nov 2022 12 Dec 2022 USD Sign up
Forecast Quarterly 27 Jul 2022 16 Aug 2022 12 Sep 2022 USD Sign up
Forecast Quarterly 27 Apr 2022 17 May 2022 10 Jun 2022 USD Sign up
Forecast Quarterly 31 Jan 2022 15 Feb 2022 10 Mar 2022 USD Sign up
Forecast Quarterly 27 Oct 2021 16 Nov 2021 10 Dec 2021 USD Sign up
Forecast Quarterly 28 Jul 2021 17 Aug 2021 10 Sep 2021 USD Sign up
Forecast Quarterly 28 Apr 2021 18 May 2021 10 Jun 2021 USD Sign up
Forecast Quarterly 01 Feb 2021 16 Feb 2021 10 Mar 2021 USD Sign up
Forecast Quarterly 28 Oct 2020 17 Nov 2020 10 Dec 2020 USD Sign up
Paid Quarterly 29 Jul 2020 18 Aug 2020 10 Sep 2020 USD 30c 58c 😖
Paid Quarterly 29 Apr 2020 19 May 2020 10 Jun 2020 USD 30c 58c 😖
Paid Quarterly 27 Jan 2020 18 Feb 2020 10 Mar 2020 USD 61c 58c 😊
Paid Quarterly 30 Oct 2019 19 Nov 2019 10 Dec 2019 USD 53c 53c 😄
Paid Quarterly 31 Jul 2019 20 Aug 2019 10 Sep 2019 USD 53c
Paid Quarterly 24 Apr 2019 15 May 2019 10 Jun 2019 USD 53c
Paid Quarterly 28 Jan 2019 19 Feb 2019 11 Mar 2019 USD 53c
Paid Quarterly 31 Oct 2018 20 Nov 2018 10 Dec 2018 USD 46c
Paid Quarterly 25 Jul 2018 15 Aug 2018 10 Sep 2018 USD 46c
Paid Quarterly 25 Apr 2018 15 May 2018 11 Jun 2018 USD 46c
Paid Quarterly 29 Jan 2018 20 Feb 2018 12 Mar 2018 USD 46c
Paid Quarterly 25 Oct 2017 15 Nov 2017 11 Dec 2017 USD 40c
Paid Quarterly 26 Jul 2017 14 Aug 2017 11 Sep 2017 USD 40c
Paid Quarterly 26 Apr 2017 15 May 2017 12 Jun 2017 USD 36c
Paid Quarterly 27 Jan 2017 14 Feb 2017 10 Mar 2017 USD 36c
Paid Quarterly 26 Oct 2016 14 Nov 2016 12 Dec 2016 USD 36c
Paid Quarterly 27 Jul 2016 15 Aug 2016 12 Sep 2016 USD 36c
Paid Quarterly 27 Apr 2016 16 May 2016 10 Jun 2016 USD 32c
Paid Quarterly 01 Feb 2016 12 Feb 2016 10 Mar 2016 USD 32c
Paid Quarterly 28 Oct 2015 16 Nov 2015 10 Dec 2015 USD 32c
Paid Quarterly 29 Jul 2015 17 Aug 2015 10 Sep 2015 USD 32c
Paid Quarterly 29 Apr 2015 18 May 2015 10 Jun 2015 USD 50c
Paid Quarterly 02 Feb 2015 13 Feb 2015 10 Mar 2015 USD 50c
Paid Quarterly 29 Oct 2014 17 Nov 2014 10 Dec 2014 USD 50c
Paid Quarterly 30 Jul 2014 18 Aug 2014 10 Sep 2014 USD 50c
Paid Quarterly 30 Apr 2014 19 May 2014 10 Jun 2014 USD 42c
Paid Quarterly 27 Jan 2014 14 Feb 2014 10 Mar 2014 USD 42c
Paid Quarterly 30 Oct 2013 18 Nov 2013 10 Dec 2013 USD 42c
Paid Quarterly 31 Jul 2013 19 Aug 2013 10 Sep 2013 USD 42c
Paid Quarterly 24 Apr 2013 14 May 2013 10 Jun 2013 USD 35c
Paid Quarterly 30 Jan 2013 15 Feb 2013 11 Mar 2013 USD 35c
Paid Quarterly 31 Oct 2012 19 Nov 2012 10 Dec 2012 USD 35c
Paid Quarterly 14 Aug 2012 10 Sep 2012 USD 35c
Paid Quarterly 14 May 2012 11 Jun 2012 USD 25c
Year Amount Change
2006 0.0c
2007 0.0c
remove
0%
2008 0.0c
remove
0%
2009 0.0c
remove
0%
2010 0.0c
remove
0%
2011 0.0c
remove
0%
2012 130.0c
arrow_upward
100%
2013 161.0c
arrow_upward
23.8%
2014 192.0c
arrow_upward
19.3%
2015 146.0c
arrow_downward
-24.0%
2016 140.0c
arrow_downward
-4.1%
2017 162.0c
arrow_upward
15.7%
2018 191.0c
arrow_upward
17.9%
2019 217.0c
arrow_upward
13.6%
2020 Sign Up Required
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

Marathon Petroleum Corp Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
8.1%
Optimized Yield
Sign Up Required
52 Week High
15.6% on 19 March 2020
52 Week Low
3.1% on 08 June 2020
Next Ex-Div-Date Countdown
Sign Up Required

About Marathon Petroleum Corp

Marathon Petroleum Corporation, incorporated on November 9, 2009, is engaged in petroleum product refining, marketing, retail and transportation businesses in the United States and the east of the Mississippi. The Company's segments include Refining & Marketing, Speedway, and Midstream.

Refining & Marketing

Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States, purchases refined products and ethanol for resale and distributes refined products through various means, including terminals and trucks that the Company own or operate. The Company sells refined products to wholesale marketing customers domestically and internationally, buyers on the spot market, its Speedway business segment and to independent entrepreneurs operating Marathon retail outlets.

As of December 31, 2016, the Company owns and operates seven refineries in the Gulf Coast and Midwest regions of the United States with an aggregate crude oil refining capacity of 1,817 thousand barrels per calendar day (mbpcd). Its refineries include crude oil atmospheric and vacuum distillation, fluid catalytic cracking, hydrocracking, catalytic reforming, coking, desulfurization and sulfur recovery units. The refineries process a range of condensate, light and heavy crude oils purchased from various domestic and foreign suppliers. The Company produces various refined products, ranging from transportation fuels, such as reformulated gasoline, blend-grade gasoline intended for blending with ethanol and Ultra-low sulfur diesel (ULSD) fuel, to heavy fuel oil and asphalt. Additionally, the Company manufactures aromatics, propane, propylene and sulfur. The Company's refineries are integrated with each other via pipelines, terminals and barges.

The Garyville, Louisiana refinery is located along the Mississippi River in southeastern Louisiana between New Orleans, Louisiana and Baton Rouge, Louisiana. The Garyville refinery is configured to process a range of crude oils into gasoline, distillates, fuel-grade coke, asphalt, propane, polymer-grade propylene, heavy fuel oil, dry gas, slurry and sulfur. The Galveston Bay refinery, is located on the Texas Gulf Coast approximately 30 miles southeast of Houston, Texas. The refinery can process a range of crude oils into gasoline, distillates, aromatics, heavy fuel oil, refinery-grade propylene, fuel-grade coke, dry gas and sulfur. The Company's Catlettsburg, Kentucky refinery, is located in northeastern Kentucky on the western bank of the Big Sandy River, near the confluence with the Ohio River. The Catlettsburg refinery processes sweet and sour crude oils into gasoline, distillates, asphalt, aromatics, refinery-grade propylene and propane.

The Robinson, Illinois refinery is located in southeastern Illinois. The Robinson refinery processes sweet and sour crude oils into gasoline, distillates, propane, anode-grade coke, aromatics, fuel-grade coke and slurry. The Company's Detroit, Michigan refinery is located in southwest Detroit. The Detroit refinery processes sweet and heavy sour crude oils into gasoline, distillates, asphalt, fuel-grade coke, chemical-grade propylene, propane, slurry and sulfur. The Company's Canton, Ohio refinery is located approximately 60 miles south of Cleveland, Ohio. It processes sweet and sour crude oils, including production from the nearby Utica Shale, into gasoline, distillates, asphalt, roofing flux, propane, refinery-grade propylene and slurry. The Texas City, Texas refinery is located on the Texas Gulf Coast, approximately 30 miles southeast of Houston, Texas. The refinery processes light sweet crude oils into gasoline, chemical-grade propylene, propane, aromatics, dry gas and slurry.

The Company owns a biofuel production facility in Cincinnati, Ohio that produces biodiesel, glycerin and other by-products. It also holds interests in ethanol production facilities in Albion, Michigan; Clymers, Indiana and Greenville, Ohio. The Company also sells gasoline, gasoline blendstocks and distillates to wholesale customers, Marathon-branded independent entrepreneurs and its Speedway convenience stores and on the spot market. The Company also produces propane at most of its refineries. Propane is primarily used for home heating and cooking, as a feedstock within the petrochemical industry, for grain drying and as a fuel for trucks and other vehicles. It also produces feedstocks and petrochemicals, including platformate, alkylate, FCC unit gas, naptha, dry gas, propylene, raffinate, butane, benzene, xylene, molten sulfur, cumene and toluene. The Company also produces and markets heavy residual fuel oil or related components, including slurry and also has refinery-based asphalt production capacity of up to 102 mbpcd, which includes asphalt cements, polymer-modified asphalt, emulsified asphalt, industrial asphalts and roofing flux. It serves various customers, including asphalt-paving contractors, government entities (states, counties, cities and townships) and asphalt roofing shingle manufacturers.

Speedway

Speedway segment sells gasoline, diesel and merchandise through convenience stores that it owns and operates under the Speedway brand. Speedway convenience stores offer a range of merchandise, including prepared foods, beverages and non-food items.

Midstream

Midstream segment includes the operations of MPLX and certain other related operations. The Midstream segment gathers, processes and transports natural gas; gathers, transports, fractionates, stores and markets Natural gas liquids (NGLs), and transports and stores crude oil and refined products. MPLX is a limited partnership which owns, operates, develops and acquires midstream energy infrastructure assets. As of December 31, 2016, MPLX's marine transportation operations included 18 owned towboats, as well as 204 owned and 18 leased barges that transport refined products and crude oil on the Ohio, Mississippi and Illinois rivers and their tributaries and inter-coastal waterways.

Sector
Oil & Gas Producers
Country
United States
Share Price
$29.24 (yesterday's closing price)
Shares in Issue
663 million
Market Cap
$19.4bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
2.1
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
3
Market Indices
S&P 500
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