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Marathon Petroleum (Marathon Petroleum) Dividend Yield %

: 1.59% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Marathon Petroleum is 1.59%.

The historical rank and industry rank for Marathon Petroleum's Dividend Yield % or its related term are showing as below:

MPC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.4   Med: 2.51   Max: 11.19
Current: 1.59

During the past 13 years, the highest Dividend Yield of Marathon Petroleum was 11.19%. The lowest was 1.40%. And the median was 2.51%.

MPC's Dividend Yield % is ranked worse than
83.77% of 493 companies
in the Oil & Gas industry
Industry Median: 4.07 vs MPC: 1.59

Marathon Petroleum's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.21.

During the past 13 years, the highest Dividend Payout Ratio of Marathon Petroleum was 1.06. The lowest was 0.09. And the median was 0.23.

As of today (2024-04-19), the Forward Dividend Yield % of Marathon Petroleum is 1.66%.

Marathon Petroleum's Dividends per Share for the three months ended in Dec. 2023 was $0.83.

During the past 12 months, Marathon Petroleum's average Dividends Per Share Growth Rate was 23.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marathon Petroleum was 59.90% per year. The lowest was 5.50% per year. And the median was 16.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Marathon Petroleum Dividend Yield % Historical Data

The historical data trend for Marathon Petroleum's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marathon Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.52 5.61 3.63 2.14 2.07

Marathon Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 1.97 2.43 1.98 2.07

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marathon Petroleum Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, Marathon Petroleum's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's Dividend Yield % falls into.



Marathon Petroleum Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Marathon Petroleum Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8252024-02-202024-02-212024-03-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.8252023-11-152023-11-162023-12-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-08-152023-08-162023-09-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-05-162023-05-172023-06-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Marathon Petroleum's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.15/196.23
=1.61 %

Current Share Price is $196.23.
Marathon Petroleum's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.15.

Marathon Petroleum's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.3/196.23
=1.68 %

Current Share Price is $196.23.
Marathon Petroleum's Dividends per Share for the forward twelve months is calculated as $0.825 * 4 = $3.3.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marathon Petroleum  (NYSE:MPC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Marathon Petroleum Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Marathon Petroleum's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Petroleum (Marathon Petroleum) Business Description

Address
539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Executives
Carl Kristopher Hagedorn officer: Senior VP and Controller C/O CONE MIDSTREAM PARTNERS LP, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Shawn M Lyon officer: SVP Log & Storage, MPLX GP LLC C/O MPLX, 200 E HARDIN STREET, FINDLAY OH 45840
Gregory Scott Floerke officer: Ex VP & COO, MPLX GP LLC C/O MARKWEST ENERGY PARTNERS, L.P., 1515 ARAPAHOE STREET, TOWER 1, SUITE 160, DENVER CO 80202
Timothy J Aydt officer: Ex VP and CCO, MPLX GP LLC C/O MPLX LP, 200 E. HARDIN STREET, FINDLAY OH 45840
Toni Townes-whitley director 8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Michael J Hennigan officer: President & CEO, MPLX GP LLC 3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
Suzanne Gagle officer: VP and General Counsel C/O MPC, FINDLAY OH 45840
Thomas Kaczynski officer: VP, Finance and Treasurer C/O MARATHON PETROLEUM CORPORATION, FINDLAY OH 45840
Raymond L Brooks officer: Sr. VP, Refining C/O MPC, FINDLAY OH 45840
Charles E Bunch director PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272
Brian C Davis officer: Exec VP, Chief Commercial Ofc C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Maryann T. Mannen officer: Exec VP & Chief Fin Ofc C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Jonathan Z Cohen director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
James E Rohr director 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222

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