MPLX LP (MPLX) Raises Quarterly Dividend 1.6% to $0.6375; 7.7% Yield

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MPLX LP Increases Quarterly Distribution

October 26, 2018 6:50 AM EDT

FINDLAY, Ohio, Oct. 26, 2018 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6375 per common unit for the third quarter 2018. This represents an increase of $0.01 per unit, or 1.6 percent, over the second quarter 2018 distribution, and an increase of $0.05 per unit, or 8.5 percent, over the third quarter 2017... More