Marathon Petroleum Corp. Announces Quarterly Dividend

Rhea-AI Summary

Marathon Petroleum Corp. (NYSE: MPC) has announced its latest quarterly dividend declaration. The company's board of directors has approved a dividend of $0.91 per share on common stock. Shareholders who are on record as of the close of business on February 19, 2025, will receive the dividend payment on March 10, 2025.

Positive

• Maintains consistent quarterly dividend payout of $0.91 per share
• Demonstrates financial stability and commitment to shareholder returns

Negative

• None.

FINDLAY, Ohio, Jan. 24, 2025 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.91 per share on common stock. The dividend is payable March 10, 2025, to shareholders of record as of the close of business Feb. 19, 2025.

About 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 Finance and Investor Relations
Brian Worthington, Senior Director, Investor Relations
Alyx Teschel, Director, Investor Relations

Media Contact: (419) 421-3577
Jamal Kheiry, Communications Manager

 

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SOURCE Marathon Petroleum Corporation

FAQ

When is Marathon Petroleum's (MPC) next dividend payment date?

Marathon Petroleum's next dividend payment date is March 10, 2025.

What is Marathon Petroleum's (MPC) current quarterly dividend amount?

Marathon Petroleum's current quarterly dividend is $0.91 per share.

What is the record date for MPC's March 2025 dividend?

The record date for Marathon Petroleum's March 2025 dividend is February 19, 2025.

How can shareholders receive Marathon Petroleum's (MPC) March 2025 dividend?

To receive the dividend, shareholders must own MPC stock by the close of business on February 19, 2025, the record date.