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MPLX LP Dividend Announcement

(NYSE:MPLX), www.mplx.com

DIVIDEND ANNOUNCEMENT: MPLX LP (NYSE:MPLX) on 07/25/2018 declared a dividend of $0.6275 per share

July 25, 2018

MPLX LP (NYSE:MPLX) on 07/25/2018 declared a dividend of $ 0.6275 per share payable on August 14, 2018 to shareholders of record as of August 06, 2018. Dividend amount recorded is an increase of $ 0.0099999999999999 from last dividend Paid.

MPLX LP (NYSE:MPLX) has paid dividends since 2013, has a current dividend yield of 7.16% and has increased its dividends for 4 successive years.

MPLX LP's market cap is $ 27,820,848,960 and has a PE ratio of 23.84. The stock price closed yesterday at $ 35.04 and has a 52 week low/high of $ 31.60 and $ 39.38.

MPLX is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids (NGLs); and the gathering, transportation and storage of crude oil and refined petroleum products. Co. conducts its operations in the following segments: Logistics and Storage, which includes transportation and storage of crude oil, refined products and other hydrocarbon-based products, and consist of a network of common carrier crude oil and product pipeline systems and associated storage assets in the Midwest and Gulf Coast regions of the U.S.; and Gathering and Processing, which includes natural gas and NGL gathering.

For more information on MPLX LP click here.

MPLX LP current dividend information as per the date of this press release is:
Dividend Declaration Date: July 25, 2018
Dividend Ex Date: August 03, 2018
Dividend Record Date: August 06, 2018
Dividend Payment Date: August 14, 2018
Dividend Amount: $ 0.6275
 
 

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