MPLX LP (MPLX) Raises Quarterly Dividend 1.5% to $0.6575; 8% Yield

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MPLX LP Increases Quarterly Distribution

April 29, 2019 4:15 PM EDT

FINDLAY, Ohio, April 29, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6575 per common unit for the first quarter 2019, or $2.63 on an annualized basis.

This represents an increase of $0.01 per unit, or 1.5 percent, over the fourth quarter 2018 distribution, and an increase of $0.04 per unit, or... More