Marathon Petroleum hikes dividend by 9.9%

On October 29, 2025, Marathon Petroleum (MPC) announced a 9.9% dividend increase. Based on a share price of $196, the dividend yield is 2.0%. The ex-dividend date is November 19, 2025.

Marathon Petroleum Corporation (NYSE: MPC) has raised its quarterly dividend by 9.9%, marking the fourth consecutive year of dividend increases. The company’s shares currently yield 2.0% at a price of $196. The ex-dividend date is November 19, 2025.

The U.S. refining and energy company has achieved a 5-year compound annual dividend growth rate (CAGR) of 11.5%. So far in 2025, MPC shares are up 43%.

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