Marathon Petroleum dividend yield – Marathon Petroleum Corp Declares 0.75 Cash Dividend

🌥️Dividends Yield

Marathon Petroleum ($BER:MPN) Corp recently announced its decision to declare a 0.75 Cash Dividend on May 26th, 2023. This news has made MARATHON PETROLEUM an attractive stock for those in search of dividend stocks. Over the past three years, the company has been steadily paying an annual dividend per share of 2.66, 2.49, and 2.32 USD, resulting in dividend yields of 2.48%, 2.69% and 4.2%.

This averages out to a yield of 3.12%, making MARATHON PETROLEUM a great option for those looking for steady returns. Furthermore, the ex-dividend date for the 2023 dividend is May 16th, so investors have to make sure they buy the stock before then to ensure they receive the dividend.

Share Price

On Friday, MARATHON PETROLEUM stock opened at €101.4 and closed at €101.8, down by 0.5% from previous closing price of €102.4. The cash dividend will benefit shareholders who have held MARATHON PETROLEUM stock for over a year. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Marathon Petroleum. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Marathon Petroleum. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Marathon Petroleum. More…

Key Ratios Snapshot

Some of the financial key ratios for Marathon Petroleum are shown below. More…

Analysis

GoodWhale has conducted an analysis on MARATHON PETROLEUM‘s wellbeing and the results are promising. Our Star Chart shows that MARATHON PETROLEUM has a high health score of 8/10, indicating its strong cashflows and debt capacity can pay off debt and fund future operations. MARATHON PETROLEUM also demonstrated strength in dividends and growth, while remaining medium in asset and profitability. According to our classification, MARATHON PETROLEUM is a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given its strong cash flows and dividend growth, investors looking to achieve capital appreciation as well as dividend income may find MARATHON PETROLEUM an attractive choice. Those who are risk-averse may avoid this stock given its less stable nature. However, those looking to diversify their portfolios with a high-growth stock may find MARATHON PETROLEUM a good option. More…

Summary

Marathon Petroleum is an attractive option for investors interested in dividend-paying stocks. Over the past three years, it has paid out an average annual dividend rate of 2.66, 2.49, and 2.32 USD per share, resulting in a yield of 3.12%. Stable and recurring cash flows make Marathon Petroleum an attractive long-term option for dividend investors, providing a steady return on investment and a hedge against downturns in the market.