Marathon Petroleum Corp Dividends
The next dividend date for Marathon Petroleum Corp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Marathon Petroleum Corp (MPC)
| 05/20/2026 | 04/29/2026 | 05/20/2026 | 06/10/2026 | $1 |
| 02/18/2026 | 01/30/2026 | 02/18/2026 | 03/10/2026 | $1 |
| 11/19/2025 | 10/29/2025 | 11/19/2025 | 12/10/2025 | $1 |
| 08/20/2025 | 07/30/2025 | 08/20/2025 | 09/10/2025 | $0.91 |
| 05/21/2025 | 04/30/2025 | 05/21/2025 | 06/10/2025 | $0.91 |
| 02/19/2025 | 01/24/2025 | 02/19/2025 | 03/10/2025 | $0.91 |
| 11/20/2024 | 10/30/2024 | 11/20/2024 | 12/10/2024 | $0.91 |
| 08/21/2024 | 07/31/2024 | 08/21/2024 | 09/10/2024 | $0.83 |
| 05/15/2024 | 04/24/2024 | 05/16/2024 | 06/10/2024 | $0.83 |
| 02/20/2024 | 01/26/2024 | 02/21/2024 | 03/11/2024 | $0.83 |
More About Marathon Petroleum Corp
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. The company sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties. It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
Owning Marathon Petroleum Corp Stock on the Dividend Date
If you own Marathon Petroleum Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Marathon Petroleum Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Marathon Petroleum Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Marathon Petroleum Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Marathon Petroleum Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Marathon Petroleum Corp Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Marathon Petroleum Corp stock price from the dividend is already baked into Marathon Petroleum Corp option prices.
That means the prices of call options that overlap the Marathon Petroleum Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Marathon Petroleum Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Marathon Petroleum Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Marathon Petroleum Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Marathon Petroleum Corp Dividends
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