Murphy USA Inc. announced a 6% increase in its quarterly cash dividend to $0.53 per share, or $2.12 per share annually. The dividend is payable on September 4, 2025, to stockholders of record as of August 25, 2025. The company operates over 1,750 retail gasoline and convenience stores in 27 states, serving an estimated 2 million customers daily.
Murphy USA Inc. (NYSE: MUSA) has announced a 6% increase in its quarterly cash dividend, bringing the dividend to $0.53 per share, or $2.12 per share on an annualized basis. The dividend is scheduled to be payable on September 4, 2025, to stockholders of record as of August 25, 2025 [1].
The company operates over 1,750 retail gasoline and convenience stores across 27 states, serving an estimated two million customers daily. Murphy USA's stores are primarily located in the Southwest, Southeast, Midwest, and Northeast United States, with many situated near Walmart Supercenters. The company also operates standalone stores under the Murphy USA, Murphy Express, and QuickChek brands [1, 2].
This dividend increase reflects a strong financial performance for Murphy USA. The company reported its second-quarter 2025 earnings, with earnings per share (EPS) of $7.36, exceeding analyst expectations of $6.77. However, revenue did not meet projections, coming in at $5.01 billion against the anticipated $5.13 billion [2].
Despite the earnings beat, Jefferies recently downgraded Murphy USA's stock rating from Buy to Hold, citing a slower growth outlook and a reduction in the price target from $560.00 to $350.00. The company's EBITDA growth forecast for 2024-2028 has been lowered from 6-7% to below 5% [2].
References:
[1] https://www.businesswire.com/news/home/20250814162313/en/Murphy-USA-Inc.-Announces-Dividend-Increase
[2] https://ca.investing.com/news/company-news/murphy-usa-increases-quarterly-dividend-by-6-to-053-per-share-93CH-4160781
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