Marathon Petroleum Corp. Announces Quarterly Dividend
Marathon Petroleum Corp. (NYSE: MPC) has declared a $0.58 per share dividend on common stock, payable on June 10, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
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.
Details
News Market Reaction – MPC
The recorded move for MPC in the trading session of this news was +2.08%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FINDLAY, Ohio, April 27, 2022 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of
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
View original content:https://www.prnewswire.com/news-releases/marathon-petroleum-corp-announces-quarterly-dividend-301534513.html
SOURCE Marathon Petroleum Corporation
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