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Marathon Petroleum (MPC) Raises Shares Buyback Plan by $2B

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Marathon Petroleum (MPC) Declares $0.35 Quarterly Dividend; 1.9% Yield

January 30, 2013 7:16 AM EST

Marathon Petroleum (NYSE: MPC) declared a quarterly dividend of $0.35 per share, or $1.4 annualized.

The dividend will be payable on March 11, 2013, to stockholders of record on February 20, 2013, with an ex-dividend date of February 15, 2013.

The annual yield on the dividend is 1.9 percent.... More