Marathon Petroleum (MPC) Raises Quarterly Dividend 15.2% to $0.53; 3.3% Yield

Marathon Petroleum (NYSE: MPC) declared a quarterly dividend of $0.53 per share, or $2.12 annualized. This is a 15.2% increase from the prior dividend of $0.46.

The dividend will be payable on March 11, 2019, to stockholders of record on February 20, 2019, with an ex-dividend date of February 19, 2019.

The annual yield on the dividend is 3.3 percent.

"The $0.53 dividend approved by our board represents a 15 percent increase to our previous quarterly dividend," said Gary R. Heminger, chairman and chief executive officer.

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

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