MPLX LP (MPLX) Raises Quarterly Dividend 1.5% to $0.6875; 11.1% Yield

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Go back to MPLX LP (MPLX) Raises Quarterly Dividend 1.5% to $0.6875; 11.1% Yield

MPLX LP Increases Quarterly Distribution

January 23, 2020 5:30 PM EST

FINDLAY, Ohio, Jan. 23, 2020 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6875 per common unit for the fourth quarter of 2019, or $2.75 on an annualized basis.

This represents an increase of $0.01 per unit, or 1.5 percent, over the third quarter 2019 distribution, and an increase of $0.04 per unit, or 6.2 percent, over the fourth quarter 2018... More