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Marathon Petroleum Corp. Announces Quarterly Dividend

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Marathon Petroleum Corp. (NYSE: MPC) has declared a $0.58 per share dividend on common stock, payable on June 10, 2022. Shareholders on record as of May 18, 2022 will receive this dividend. Headquartered in Findlay, Ohio, Marathon is a leading downstream energy company with the largest refining system in the U.S. The company's marketing includes branded locations and a significant partnership in MPLX LP, which operates midstream assets.

Positive
  • Dividend declaration of $0.58 per share indicates company confidence and provides income for shareholders.
Negative
  • None.

FINDLAY, Ohio, April 27, 2022 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.58 per share on common stock. The dividend is payable June 10, 2022, to shareholders of record as of the close of business May 18, 2022.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.

Investor Relations Contacts: (419) 421-2071
Kristina Kazarian, Vice President
Brian Worthington, Manager
Kenan Kinsey, Analyst

Media Contact: (419) 421-3312
Jamal Kheiry, Communications Manager

Cision View original content:https://www.prnewswire.com/news-releases/marathon-petroleum-corp-announces-quarterly-dividend-301534513.html

SOURCE Marathon Petroleum Corporation

FAQ

What is the dividend amount for MPC announced in April 2022?

Marathon Petroleum Corp. announced a dividend of $0.58 per share.

When is the dividend for MPC payable?

The dividend is payable on June 10, 2022.

What is the record date for MPC's dividend?

The record date for the dividend is May 18, 2022.

How does MPC's dividend announcement affect shareholders?

The dividend provides income for shareholders and reflects company confidence.

MARATHON PETROLEUM CORPORATION

NYSE:MPC

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51.28B
320.57M
0.25%
75.24%
2.5%
Oil & Gas Refining & Marketing
Petroleum Refining
Link
United States of America
FINDLAY