MPLX LP (MPLX) Raises Quarterly Dividend 1% to $0.505; 6.5% Yield

MPLX LP (NYSE: MPLX) declared a quarterly dividend of $0.505 per share, or $2.02 annualized. This is a 1% increase from the prior dividend of $0.500.

The dividend will be payable on May 13, 2016, to stockholders of record on May 3, 2016, with an ex-dividend date of April 29, 2016.

The annual yield on the dividend is 6.5 percent.

For a dividend history and other dividend-related data on MPLX LP (MPLX) click here.

You May Also Be Interested In

• Kish Bancorp, Inc. (KISB) Declares $0.44 Quarterly Dividend; 2.5% Yield
• Hormel Foods (HRL) Declares $0.2925 Quarterly Dividend; 5.9% Yield
• Brink's (BCO) Declares $0.255 Quarterly Dividend; 1% Yield