MPLX Boosts Dividend 12.5%

Dow Jones

2025/10/28

By Connor Hart

MPLX raised its quarterly cash dividend by 12 cents, to nearly $1.08 a share.

The new payout, equal to $4.31 a year, represents an annual yield of about 8.5% based on Monday's closing price of $50.82.

The Findlay, Ohio, midstream-energy infrastructure and logistics company said Tuesday that the higher dividend will be paid Nov. 14 to shareholders of record as of Nov. 7.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

October 28, 2025 11:38 ET (15:38 GMT)

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