Marathon Petroleum (NYSE:MPC) announces a quarterly dividend of $0.53



Marathon Petroleum (NYSE:MPC) to go ex-dividend.
On 4/24/2019 Marathon Petroleum ( NYSE:MPC ) announced that it will be issuing a quarterly dividend in the amount of $0.53 down from $0.53 making the yield 3.54%.


Marathon Petroleum (NYSE:MPC) Ex- dividend date

Marathon Petroleum (NYSE:MPC) is set to go ex-dividend on and will be payable on 6/10/2019


Dividend History for Marathon Petroleum (NYSE:MPC)
The next payable dividend for Marathon Petroleum is scheduled for 6/10/2019. There is an annual dividend of $$2.12 with a yield of 3.56% The company’s dividend has increased by 17.30% on a 3 Year Average

Recent Dividend History for Marathon Petroleum (NYSE:MPC)

  • On 1/30/2013 Marathon Petroleum announced a quarterly dividend of $0.35.
  • On 4/25/2013 Marathon Petroleum announced a quarterly dividend of $0.35.
  • On 8/1/2013 Marathon Petroleum announced a quarterly dividend of $0.42.
  • On 11/1/2013 Marathon Petroleum announced a quarterly dividend of $0.42.
  • On 1/27/2014 Marathon Petroleum announced a quarterly dividend of $0.42.
  • On 5/1/2014 Marathon Petroleum announced a quarterly dividend of $0.42.
Story continues below



About Company
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Retail, and Midstream. The Refining & Marketing segment refines crude oil and other feed stocks at its 16 refineries in the West Coast, Gulf Coast, and Mid-Continent regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products wholesale marketing customers domestically and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets. The Retail segment sells transportation fuels and convenience products in the retail market through company-owned and operated convenience stores, primarily under the Speedway brand; and long-term fuel supply contracts with direct dealers who operate locations mainly under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats and barges; and gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company also exports its refined products. As of December 31, 2018, it owned, leased, and had ownership interests in approximately 16,600 miles of crude oil and refined product pipelines, as well as owned and operated 3,920 convenience stores; and had 6,813 retail outlets operated by independent entrepreneurs in 35 states of the United States, the District of Columbia, and Mexico. The company was founded in 1887 and is headquartered in Findlay, Ohio.

Recent Insider Trading for Marathon Petroleum (NYSE:MPC)

  • On 2/22/2019 Gary R Heminger, CEO, sold 187,142 with an average share price of $65.00 per share and the total transaction amounting to $12,164,230.00.
  • On 12/14/2018 Steven A. Davis, Director, bought 3,500 with an average share price of $62.14 per share and the total transaction amounting to $217,490.00.
  • On 11/19/2018 Steven A Davis, Director, bought 2,500 with an average share price of $62.20 per share and the total transaction amounting to $155,500.00.
  • On 5/30/2018 Thomas M Kelley, Insider, sold 24,818 with an average share price of $79.47 per share and the total transaction amounting to $1,972,286.46.
  • On 3/13/2018 Thomas M. Kelley, Insider, sold 20,000 with an average share price of $69.77 per share and the total transaction amounting to $1,395,400.00.
  • On 3/6/2018 Charles E Bunch, Director, bought 1,500 with an average share price of $67.38 per share and the total transaction amounting to $101,070.00.



Recent Analyst Rating for Marathon Petroleum (NYSE:MPC)

  • On 4/15/2019 Morgan Stanley, Lower Price Target, fromOverweight to Overweight with a price target of $85.00 to $82.00
  • On 4/10/2019 Raymond James, Lower Price Target, to Strong-Buy with a price target of $90.00 to $85.00
  • On 3/4/2019 Citigroup, Lower Price Target, fromBuy to Buy with a price target of $91.00 to $85.00
  • On 2/5/2019 Macquarie, Initiated Coverage, to Outperform with a price target of $67.18
  • On 1/10/2019 Piper Jaffray Companies, Reiterated Rating, fromOverweight to Overweight
  • On 12/26/2018 Standpoint Research, Initiated Coverage, fromAccumulate to Accumulate



Recent Trading for Marathon Petroleum (NYSE:MPC)
Shares of Marathon Petroleum closed the previous trading session at 59.63 −1.40 2.29% with 61.05 shares trading hands.

An ad to help with our costs