Marathon Petroleum (MEX:MPC) Dividend Payout Ratio : 0.44 (As of Sep. 2024)

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What is Marathon Petroleum Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Marathon Petroleum's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.44.

The historical rank and industry rank for Marathon Petroleum's Dividend Payout Ratio or its related term are showing as below:

MEX:MPC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.23 Max: 1.06
Current: 0.27

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.

MEX:MPC's Dividend Payout Ratio is ranked better than
79.33% of 450 companies
in the Oil & Gas industry
Industry Median: 0.52 vs MEX:MPC: 0.27

As of today (2024-12-12), the Dividend Yield % of Marathon Petroleum is 2.05%.

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

Marathon Petroleum's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Marathon Petroleum Dividend Payout Ratio Historical Data

The historical data trend for Marathon Petroleum's Dividend Payout Ratio can be seen below:

* 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.

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Marathon Petroleum Dividend Payout Ratio Chart

Marathon Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.56

1.06

0.09

0.13

Marathon Petroleum Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.09	0.21	0.33	0.20	0.44

Competitive Comparison of Marathon Petroleum's Dividend Payout Ratio

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Petroleum's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's Dividend Payout Ratio falls into.

Marathon Petroleum Dividend Payout Ratio Calculation

Marathon Petroleum's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	52.196	/	401.101
	=	0.13

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

Marathon Petroleum (MEX:MPC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Marathon Petroleum Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Marathon Petroleum's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Marathon Petroleum Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

MPC:USA 1MPC:Italy 0JYA:UK MPN:Germany M1PC34:Brazil MPC:Austria

Address

539 South Main Street, Findlay, OH, USA, 45840-3229

Website

https://www.marathonpetroleum.com

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.