DIVIDEND ANNOUNCEMENT: Com Unit Repstg Ltd Part Int/MPLX LP (NYSE:MPLX) on 01/23/2020 declared a dividend of $0.6875 per share

Com Unit Repstg Ltd Part Int/MPLX LP (NYSE:MPLX) on 01/23/2020 declared a dividend of $ 0.6875 per share payable on February 14, 2020 to shareholders of record as of February 04, 2020. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Com Unit Repstg Ltd Part Int/MPLX LP (NYSE:MPLX) has paid dividends since 2013, has a current dividend yield of 11.0530548096% and has increased its dividends for 6 successive years.

Com Unit Repstg Ltd Part Int/MPLX LP's market cap is $ 26,331,872,400 and has a PE ratio of 10.82. The stock price closed yesterday at $ 24.88 and has a 52 week low/high of $ 22.60 and $ 35.85.

MPLX LP is formed by Marathon Petroleum Corporation that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. Co. 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 transportation, storage and distribution of crude oil and refined petroleum products. Co.'s business consists of two segments based on the nature of services it provides: Logistics and Storage, which relates primarily to crude oil and refined petroleum products; and Gathering and Processing, which relates primarily to natural gas and NGLs.

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