# MPLX Lp (MPLX): Dividend & Fundamentals

> Markdown mirror of https://www.dividenddata.com/stocks/mplx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Sector: Energy · Industry: Oil & Gas Midstream
- Exchange: NYSE · Trading currency: USD

MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural ga...

## Quote & Key Metrics

As of 2026-10-22:

| Metric | Value |
|---|---|
| Price | $57.70 USD |
| Market Cap | $58.50B |
| P/E (TTM) | 12.41 |
| EPS (TTM) | $4.65 |
| 52-Week Range | $50.12 – $60.95 |
| Dividend Yield (TTM) | 7.46% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 7.46% |
| Annual Dividend (TTM) | $4.31 /share |
| Annual Dividend (Forward) | $4.31 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 12 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 12.5% / 11.6% / 9.4% / 7.8% |
| Payout Ratio (EPS, TTM) | 90.0% |
| Payout Ratio (FCF, TTM) | — |
| Payout Ratio (EPS, forward dividend) | 92.6% |
| Payout Ratio (FCF, forward dividend) | — |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-08-07 | $1.0765 | 2026-08-14 |
| 2026-05-08 | $1.0765 | 2026-05-15 |
| 2026-02-09 | $1.0765 | 2026-02-17 |
| 2025-11-07 | $1.0765 | 2025-11-14 |
| 2025-08-08 | $0.9565 | 2025-08-15 |
| 2025-05-09 | $0.9565 | 2025-05-16 |
| 2025-02-03 | $0.9565 | 2025-02-14 |
| 2024-11-08 | $0.9565 | 2024-11-15 |
| 2024-08-09 | $0.8500 | 2024-08-16 |
| 2024-05-02 | $0.8500 | 2024-05-13 |
| 2024-02-02 | $0.8500 | 2024-02-14 |
| 2023-11-02 | $0.8500 | 2023-11-13 |

Full history: https://www.dividenddata.com/stocks/mplx/dividend

## Frequently Asked Questions

### What does MPLX Lp do?

MPLX Lp (MPLX) operates in the Oil & Gas Midstream industry within the Energy sector. Full company description, peers, and segment breakdown are on the page above.

### What is MPLX's market cap?

MPLX Lp (MPLX) has a market capitalization of approximately $58.50 billion, as of October 22, 2026, based on the most recent share price and shares outstanding.

### Does MPLX pay a dividend?

Yes, MPLX Lp (MPLX) pays a dividend quarterly, with a trailing-twelve-month yield of 7.46%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does MPLX pay dividends?

MPLX Lp pays dividends quarterly. The forward annual rate is $4.31 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is MPLX's payout ratio?

MPLX Lp's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/mplx
- Dividend history & safety: https://www.dividenddata.com/stocks/mplx/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/mplx/earnings
- Financial statements: https://www.dividenddata.com/stocks/mplx/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/mplx/valuation
- Peer comparison: https://www.dividenddata.com/stocks/mplx/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.