MPLX LP hikes dividend by 12.5%
On October 29, 2025, MPLX LP (MPLX) announced a 12.5% increase in its quarterly distribution to $1.0765 per unit. At a unit price of $50.50, the yield stands at 8.5%. The ex-dividend date is November 7, 2025.
MPLX LP (NYSE: MPLX), a U.S. master limited partnership engaged in midstream energy infrastructure and logistics, has raised its quarterly distribution by 12.5% to $1.0765 per unit. This brings the annualized payout to $4.306 per unit, equal to a yield of 8.5% at a price of $50.50.
The ex-dividend date is November 7, 2025. MPLX has now achieved 12 consecutive years of distribution growth, continuing its track record of reliable cash returns to unitholders.
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