MPLX LP (NYSE: MPLX) declared a quarterly dividend of $0.54 per share, or $2.16 annualized. This is a 3.8% increase from the prior dividend of $0.52.

The dividend will be payable on May 15, 2017, to stockholders of record on May 8, 2017, with an ex-dividend date of May 4, 2017.

The annual yield on the dividend is 5.9 percent.

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