MPLX LP (MPLX) Raises Quarterly Dividend 1.6% to $0.6475; 7.7% Yield

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Go back to MPLX LP (MPLX) Raises Quarterly Dividend 1.6% to $0.6475; 7.7% Yield

MPLX LP Increases Quarterly Distribution

January 25, 2019 7:00 AM EST

FINDLAY, Ohio, Jan. 25, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6475 per common unit for the fourth quarter 2018, or $2.59 on an annualized basis.

This represents an increase of $0.01 per unit, or 1.6 percent, over the third quarter 2018 distribution, and an increase of $0.04 per unit, or... More