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Marathon Petroleum (MEX:MPC) 5-Year Dividend Growth Rate : 9.10% (As of Sep. 2024)


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What is Marathon Petroleum 5-Year Dividend Growth Rate?

Marathon Petroleum's Dividends per Share for the three months ended in Sep. 2024 was MXN16.24.

During the past 12 months, Marathon Petroleum's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marathon Petroleum was 59.90% per year. The lowest was 5.50% per year. And the median was 16.60% per year.

Marathon Petroleum's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.44. As of today, Marathon Petroleum's Dividend Yield % is 2.05%.

Good Sign:

Marathon Petroleum Corp stock dividend yield is close to 2-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Marathon Petroleum's 5-Year Dividend Growth Rate

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marathon Petroleum's 5-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Petroleum's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's 5-Year Dividend Growth Rate falls into.



Marathon Petroleum 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Marathon Petroleum  (MEX:MPC) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Marathon Petroleum's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=16.244/ 36.821
=0.44

During the past 13 years, the highest Dividend Payout Ratio of Marathon Petroleum was 1.06. The lowest was 0.09. And the median was 0.23.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Marathon Petroleum Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9100002024-11-202024-11-202024-12-10Cash DividendquarterlyUSD:MXN 20.338100
USD 0.8250002024-08-212024-08-212024-09-10Cash DividendquarterlyUSD:MXN 19.138200
USD 0.8250002024-05-152024-05-162024-06-10Cash DividendquarterlyUSD:MXN 16.803300
USD 0.8250002024-02-202024-02-212024-03-11Cash DividendquarterlyUSD:MXN 17.093700

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Marathon Petroleum's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=62.261711/3120.00
=2.00 %

Current Share Price is MXN3120.00.
Marathon Petroleum's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN62.261711.

During the past 13 years, the highest Dividend Yield of Marathon Petroleum was 11.19%. The lowest was 1.44%. And the median was 2.66%.

Good Sign:

Marathon Petroleum Corp stock dividend yield is close to 2-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marathon Petroleum 5-Year Dividend Growth Rate Related Terms

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Marathon Petroleum Business Description

Industry
Address
539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility has the ability to produce 730 million gallons a year of renewable diesel. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.