Marathon Petroleum (MPC) Raises Quarterly Dividend 12.5% to $0.36; 3.8% Yield

Marathon Petroleum (NYSE: MPC) declared a quarterly dividend of $0.36 per share, or $1.44 annualized. This is a 12.5% increase from the prior dividend of $0.32.

The dividend will be payable on September 12, 2016, to stockholders of record on August 17, 2016, with an ex-dividend date of August 15, 2016.

The annual yield on the dividend is 3.8 percent.

For a dividend history and other dividend-related data on Marathon Petroleum (MPC) click here.

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