MPLX has announced its upcoming dividend details, with shareholders set to receive $0.957 per share. This dividend will be disbursed on Aug 15, 2025, following the ex-dividend date of Aug 8, 2025. The announcement was made on Jun 30, 2025. Compared to the average of the last ten dividends, which stands at $0.608, this amount is notably higher. The previous dividend, paid on May 16, 2025, was also $0.957 per share, maintaining the same payout level. This consistent dividend type is referred to as a cash dividend.
Recently,
has been in the spotlight due to several significant developments. Over the past week, the company announced a definitive agreement to acquire Northwind Delaware Holdings LLC for $2.375 billion, a strategic move aimed at enhancing its Permian natural gas and NGL value chains. This acquisition is expected to bolster MPLX's market presence and operational capabilities. As of late, MPLX reported its second-quarter financial results, showcasing a distribution of $0.957 per common unit with a distribution coverage of 1.5x. Despite missing earnings expectations by $0.03 and experiencing a revenue shortfall, the company's stock has been resilient, climbing 5.95% over the last three months and 26.65% over the past year. Analysts have noted the absence of positive EPS revisions, with three negative adjustments highlighting potential challenges moving forward.
Since the last update, MPLX has also released a joint sustainability report with
, detailing their progress in environmental stewardship and community engagement. Over the past year, the companies reported the lowest designated environmental incidents in six years, a decrease in greenhouse gas emissions intensity by 28% from a 2014 baseline, and significant reductions in freshwater withdrawal and methane emissions intensity. This report underscores MPLX's commitment to sustainable practices and its proactive approach in navigating climate-related scenarios, ensuring long-term resilience and cost-competitiveness.
In conclusion, MPLX's upcoming ex-dividend date is Aug 8, 2025. This date marks the last opportunity for investors to purchase shares and qualify for the current dividend payout. Any acquisitions made after this date will not be eligible for the Aug 2025 dividend distribution.
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