MPLX hikes distribution by 6.8% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
MPLX LP As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
MPLX LP As of October 10, 2023	MPLX	$3.10	0.0%	9.9%	2.5%
Midstream MLP	8.7%	9	5.6%	Quarter	2013

MPLX hikes distribution by 6.8%

Tuesday 20 January 2015

MPLX LP (MPLX) will raise its quarterly distribution to $0.3825 per unit.

MPLX is a master limited partnership formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop and acquire midstream energy infrastructure assets. The company is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; and the transportation and storage of crude oil and refined petroleum products.

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