Marathon Petroleum Corp. Announces Quarterly Dividend
Marathon Petroleum Corp. (NYSE: MPC) has declared a $0.58 per share dividend on common stock, payable on September 10, 2021, to shareholders of record as of August 18, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
Marathon Petroleum Corp. (NYSE: MPC) has declared a $0.58 per share dividend on common stock, payable on September 10, 2021, to shareholders of record as of August 18, 2021.
As a leading integrated downstream energy company, Marathon operates the largest refining system in the U.S. with a robust marketing system including Marathon brand outlets nationwide. The company's operations also extend into midstream activities through its majority interest in MPLX LP.
Positive
- Dividend of $0.58 per share announced, providing income for shareholders.
- Company demonstrating confidence in financial stability by maintaining dividend payments.
Negative
- None.
Details
News Market Reaction – MPC
The recorded move for MPC in the trading session of this news was +1.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FINDLAY, Ohio, July 28, 2021 /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, Investor Relations
Brian Worthington, Manager, Investor Relations
Kenan Kinsey, Analyst, Investor Relations
Media Contact: (419) 421-3312
Jamal Kheiry, Communications Manager
View original content:https://www.prnewswire.com/news-releases/marathon-petroleum-corp-announces-quarterly-dividend-301343620.html
SOURCE Marathon Petroleum Corporation
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