Marathon Petroleum (MPC) Dividend History & Yield
Marathon Petroleum (MPC) has increased its dividend for 5 consecutive years and currently yields 1.58%. The most recent payment was $1.0000/share on Feb 18, 2026, paid Quarterly.
Current Yield
1.58%
TTM Dividend/Share
$3.82
Payment Frequency
Quarterly
Payout Ratio
28.2%
Consecutive Growth Years
5
Div Growth (1Y CAGR)
10.19%
Div Growth (5Y CAGR)
9.96%
Div Growth (10Y CAGR)
12.58%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 28.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($15.63) covers dividend/share ($3.82).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 5 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Feb 18, 2026
- Payment date
- Mar 10, 2026
- Dividend
- $1.0000
- Adj. dividend
- $1.0000
- Yield (ex-date)
- 1.91%
Ex-date Nov 19, 2025
- Payment date
- Dec 10, 2025
- Dividend
- $1.0000
- Adj. dividend
- $1.0000
- Yield (ex-date)
- 1.91%
Ex-date Aug 20, 2025
- Payment date
- Sep 10, 2025
- Dividend
- $0.9100
- Adj. dividend
- $0.9100
- Yield (ex-date)
- 2.20%
Ex-date May 21, 2025
- Payment date
- Jun 10, 2025
- Dividend
- $0.9100
- Adj. dividend
- $0.9100
- Yield (ex-date)
- 2.27%
Ex-date Feb 19, 2025
- Payment date
- Mar 10, 2025
- Dividend
- $0.9100
- Adj. dividend
- $0.9100
- Yield (ex-date)
- 2.22%
Ex-date Nov 20, 2024
- Payment date
- Dec 10, 2024
- Dividend
- $0.9100
- Adj. dividend
- $0.9100
- Yield (ex-date)
- 2.12%
Ex-date Aug 21, 2024
- Payment date
- Sep 10, 2024
- Dividend
- $0.8250
- Adj. dividend
- $0.8250
- Yield (ex-date)
- 1.92%
Ex-date May 15, 2024
- Payment date
- Jun 10, 2024
- Dividend
- $0.8250
- Adj. dividend
- $0.8250
- Yield (ex-date)
- 1.87%
Ex-date Feb 20, 2024
- Payment date
- Mar 11, 2024
- Dividend
- $0.8250
- Adj. dividend
- $0.8250
- Yield (ex-date)
- 1.92%
Ex-date Nov 15, 2023
- Payment date
- Dec 11, 2023
- Dividend
- $0.8250
- Adj. dividend
- $0.8250
- Yield (ex-date)
- 2.05%
Ex-date Aug 15, 2023
- Payment date
- Sep 11, 2023
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 2.10%
Ex-date May 16, 2023
- Payment date
- Jun 12, 2023
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 2.65%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Feb 18, 2026 | Mar 10, 2026 | $1.0000 | $1.0000 | 1.91% |
| Nov 19, 2025 | Dec 10, 2025 | $1.0000 | $1.0000 | 1.91% |
| Aug 20, 2025 | Sep 10, 2025 | $0.9100 | $0.9100 | 2.20% |
| May 21, 2025 | Jun 10, 2025 | $0.9100 | $0.9100 | 2.27% |
| Feb 19, 2025 | Mar 10, 2025 | $0.9100 | $0.9100 | 2.22% |
| Nov 20, 2024 | Dec 10, 2024 | $0.9100 | $0.9100 | 2.12% |
| Aug 21, 2024 | Sep 10, 2024 | $0.8250 | $0.8250 | 1.92% |
| May 15, 2024 | Jun 10, 2024 | $0.8250 | $0.8250 | 1.87% |
| Feb 20, 2024 | Mar 11, 2024 | $0.8250 | $0.8250 | 1.92% |
| Nov 15, 2023 | Dec 11, 2023 | $0.8250 | $0.8250 | 2.05% |
| Aug 15, 2023 | Sep 11, 2023 | $0.7500 | $0.7500 | 2.10% |
| May 16, 2023 | Jun 12, 2023 | $0.7500 | $0.7500 | 2.65% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Marathon Petroleum has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 5 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.7300 | — | — |
| 2025 | $3.3850 | $3.7300 | +10.2% |
| 2024 | $3.0750 | $3.3850 | +10.1% |
| 2023 | $2.4900 | $3.0750 | +23.5% |
| 2022 | $2.3200 | $2.4900 | +7.3% |
| 2021 | $2.3200 | $2.3200 | 0.0% |
| 2020 | $2.1200 | $2.3200 | +9.4% |
| 2019 | $1.8400 | $2.1200 | +15.2% |
| 2018 | $1.5200 | $1.8400 | +21.1% |
| 2017 | $1.3600 | $1.5200 | +11.8% |
| 2016 | $1.1400 | $1.3600 | +19.3% |
| 2015 | $0.9200 | $1.1400 | +23.9% |
| 2014 | $0.7700 | $0.9200 | +19.5% |
| 2013 | $0.6000 | $0.7700 | +28.3% |
| 2012 | — | $0.6000 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Marathon Petroleum pay dividends?
- Yes, Marathon Petroleum (MPC) pays quarterly dividends of approximately $3.82 per share annually, yielding 1.58%.
What is Marathon Petroleum's dividend yield?
- Marathon Petroleum (MPC) has a current dividend yield of 1.58%.
Is Marathon Petroleum's dividend safe?
- Marathon Petroleum (MPC) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Marathon Petroleum increased its dividend?
- Marathon Petroleum (MPC) has 5 consecutive years of dividend increases.
What is Marathon Petroleum's dividend payout ratio?
- Marathon Petroleum (MPC) has a dividend payout ratio of 28.2%.