Mplx Lp (MPLX) to Issue Quarterly Dividend of $1.08 on August 14th

Posted by on Aug 5th, 2026

Mplx Lp (NYSE:MPLX – Get Free Report) declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, August 7th will be paid a dividend of 1.0765 per share by the pipeline company on Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, August 7th.

Mplx has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 9 consecutive years. Mplx has a dividend payout ratio of 88.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Mplx to earn $4.70 per share next year, which means the company should continue to be able to cover its $4.30 annual dividend with an expected future payout ratio of 91.5%.

Mplx Stock Up 2.7%

MPLX opened at $60.53 on Wednesday. The business has a 50-day moving average of $56.86 and a two-hundred day moving average of $56.65. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.10 and a quick ratio of 1.05. Mplx has a 12 month low of $47.80 and a 12 month high of $60.66. The stock has a market capitalization of $61.42 billion, a price-to-earnings ratio of 13.10, a price-to-earnings-growth ratio of 5.61 and a beta of 0.48.

Mplx (NYSE:MPLX – Get Free Report) last issued its earnings results on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share for the quarter, hitting the consensus estimate of $1.06. Mplx had a return on equity of 32.74% and a net margin of 36.38%.The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the company posted $1.03 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. On average, research analysts expect that Mplx will post 4.26 earnings per share for the current year.

Analysts Set New Price Targets

MPLX has been the topic of several analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $60.00 price target on shares of Mplx in a research note on Thursday, July 2nd. Weiss Ratings downgraded shares of Mplx from a “buy (a)” rating to a “buy (a-)” rating in a research report on Monday, May 18th. Barclays boosted their price target on Mplx from $58.00 to $59.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Morgan Stanley decreased their price target on shares of Mplx from $62.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, May 20th. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of Mplx in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $61.60.

View Our Latest Stock Analysis on MPLX

Mplx Company Profile

(Get Free Report)

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.

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Dividend History for Mplx (NYSE:MPLX)

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