Marathon Petroleum Corp. Announces Quarterly Dividend
Marathon Petroleum Corp. (NYSE: MPC) has announced a quarterly dividend of $0.58 per share, payable on June 10, 2021, to shareholders on record as of May 19, 2021.
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 announced a quarterly dividend of $0.58 per share, payable on June 10, 2021, to shareholders on record as of May 19, 2021. This dividend declaration reflects the company's ongoing commitment to returning value to its shareholders. Marathon Petroleum operates the largest refining system in the U.S. and has a diverse marketing system, including branded retail outlets and convenience stores nationwide.
Positive
- Quarterly dividend of $0.58 per share enhances shareholder returns.
- Demonstrates company confidence in financial stability.
Negative
- None.
Details
News Market Reaction – MPC
The recorded move for MPC in the trading session of this news was +2.88%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FINDLAY, Ohio, April 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. Speedway LLC, an MPC subsidiary, owns and operates retail convenience stores across the United States. 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, Manager, Corporate Communications
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SOURCE Marathon Petroleum Corporation
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