How Many MPC Shares for $500 or $1,000 a Month?
At $4.00 a share a year, $500 a month takes about 1,500 MPC shares, about $567,660 at the Nov 10, 2026 close of $378.44. $1,000 a month takes about 3,000 shares, about $1,135,320. Before taxes, and only while the rate holds.
Marathon Petroleum (MPC) pays $1.00 a share quarterly, $4.00 a year, a 1.06% run-rate yield at the Nov 10, 2026 close of $378.44. It has paid since 2011 and raised its annual dividend 4 years in a row.
At today’s rate of $1.00 quarterly and the last close of $378.44, this is what MPC pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $1.00 | $0.33 | $4.00 |
| 100 shares | $100.00 | $33.33 | $400.00 |
| $10,000 invested (26.4 shares) | $26.42 | $8.81 | $105.70 |
| 1,500 shares ($500/mo) | $1,500.00 | $500.00 | $6,000.00 |
| 3,000 shares ($1,000/mo) | $3,000.00 | $1,000.00 | $12,000.00 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 MPC shares reinvest into 0.26 new shares each payment, about 1.1 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 379 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with MPC’s own history in the MPC DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (FCF): is spare cash enough to pay the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Earnings direction: are sales and profits growing or shrinking report
- Liquidity: is there cash for debts due this year rating
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
- Crash record: what the dividend did in the 2008 crash history
MPC Dividend Yield Today vs Its 5-Year Range
- MPC yields 1.06% today, at the Nov 10, 2026 close of $378.44.
- Its own 10-year median is 2.59%, so today’s yield is below its usual level.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is MPC’s Next Dividend? Ex-Date and Pay Date After August 2026
MPC has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Nov 18, 2026, with the cash around Nov 20, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $1.00 a share, went ex on Aug 19, 2026 and paid Aug 21, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 2 days after the ex-date
- Next earnings report: Feb 2, 2027
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does MPC Pay?
MPC pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
- Streak: 4 years of higher annual totals (through 2025)
- Last raise: Nov 19, 2025 - $0.91 to $1.00 (+$0.09, +9.89%)
- Usual $ step: $0.085 (median of the raises before it)
- EPS payout: 7.8% - $4.00 paid / $51.17 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 16.5% (median of 12 earlier trailing years)
- FCF payout: 5.5% - $4.00 paid / $72.95 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 13.6% (median of 12 earlier trailing years)
MPC vs Similar Dividend Stocks (OMVKY, ENB...)
Against the 10 dividend-paying Energy companies closest to MPC in market value, MPC’s 1.06% run-rate yield is below the group’s middle yield of 3.46%, and its raise streak of 4 years is the 2nd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | Recessions ⓘ | No cut ⓘ |
|---|---|---|---|---|---|
| MPC $378.44Marathon Petroleum | $1.00/qtr$4.00/yr fwd | 1.06% | Dividend Safety Rating: paid plans only | No cut in both2020 held2022 raisedno 2000/2008 record | 13+ yrsraised 4 yrs in a row |
| OMVKY $19.91OMV AG | $1.29/yr | 6.48% | Dividend Safety Rating: paid plans only | — | 14 yrsraised 2 yrs in a row |
| ENB $47.40Enbridge | $0.696/qtr$2.78/yr fwd | 5.87% | Dividend Safety Rating: paid plans only | No cut in all 42000 raised2008 raised2020 held2022 held | 34+ yrsraised 2 yrs in a row |
| VLO $356.86Valero Energy | $1.20/qtr$4.80/yr fwd | 1.35% | Dividend Safety Rating: paid plans only | Cut in 20102000 raised2008 cut2020 held2022 raised | 15 yrsraised 3 yrs in a row |
| BP $44.58BP p.l.c. | $0.52/qtr$2.08/yr fwd | 4.67% | Dividend Safety Rating: paid plans only | Cut in 20202000 raised2020 cut2022 raisedno 2008 record | 5 yrsraised 4 yrs in a row |
| PSX $253.04Phillips 66 | $1.27/qtr$5.08/yr fwd | 2.01% | Dividend Safety Rating: paid plans only | No cut in both2020 held2022 raisedno 2000/2008 record | 12+ yrsraised 4 yrs in a row |
| CNQ $48.04Canadian Natural Resources Limited | $0.452/qtr$1.81/yr fwd | 3.76% | Dividend Safety Rating: paid plans only | Raised in all 32008 raised2020 raised2022 raisedno 2000 record | 1 yrno raise streak |
| PBR $18.35Petróleo Brasileiro S.A. - Petrobras | $0.143/qtr$0.57/yr fwd | 3.12% | Dividend Safety Rating: paid plans only | Varied, no cut2008 varied2020 raised2022 variedno 2000 record | 0 yrsraised 1 yr in a row |
| EQNR $41.12Equinor ASA | $0.39/qtr$1.56/yr fwd | 3.79% | Dividend Safety Rating: paid plans only | Cut in 20202008 cut2020 cut2022 variedno 2000 record | 5 yrsno raise streak |
| WMB $66.48Williams Companies | $0.525/qtr$2.10/yr fwd | 3.16% | Dividend Safety Rating: paid plans only | Cut in 20022000 cut2008 raised2020 raised2022 raised | 9 yrsraised 8 yrs in a row |
| E $55.92Eni S.p.A. | $0.628/half-yr$1.26/yr fwd | 2.25% | Dividend Safety Rating: paid plans only | Cut in 20202000 raised2008 cut2020 cut2022 varied | 10 yrsraised 2 yrs in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: MPC vs OMVKY, MPC vs ENB, MPC vs VLO.
MPC Dividend History: Every Payment Since 2011
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Aug 19, 2026 | Aug 21, 2026 | $1.00 | Quarterly | Regular |
| May 20, 2026 | May 22, 2026 | $1.00 | Quarterly | Regular |
| Feb 18, 2026 | Feb 20, 2026 | $1.00 | Quarterly | Regular |
| Nov 19, 2025 | Nov 21, 2025 | $1.00 | Quarterly | Regular |
| Aug 20, 2025 | Aug 22, 2025 | $0.91 | Quarterly | Regular |
| May 21, 2025 | May 23, 2025 | $0.91 | Quarterly | Regular |
| Feb 19, 2025 | Feb 21, 2025 | $0.91 | Quarterly | Regular |
| Nov 20, 2024 | Nov 22, 2024 | $0.91 | Quarterly | Regular |
| Aug 21, 2024 | Aug 23, 2024 | $0.825 | Quarterly | Regular |
| May 15, 2024 | May 17, 2024 | $0.825 | Quarterly | Regular |
| Feb 20, 2024 | Feb 22, 2024 | $0.825 | Quarterly | Regular |
| Nov 15, 2023 | Nov 17, 2023 | $0.825 | Quarterly | Regular |
| Aug 15, 2023 | Aug 17, 2023 | $0.75 | Quarterly | Regular |
| May 16, 2023 | May 18, 2023 | $0.75 | Quarterly | Regular |
| Feb 15, 2023 | Feb 17, 2023 | $0.75 | Quarterly | Regular |
| Nov 15, 2022 | Dec 12, 2022 | $0.75 | Quarterly | Regular |
| Aug 16, 2022 | Sep 12, 2022 | $0.58 | Quarterly | Regular |
| May 17, 2022 | Jun 10, 2022 | $0.58 | Quarterly | Regular |
| Feb 15, 2022 | Mar 10, 2022 | $0.58 | Quarterly | Regular |
| Nov 16, 2021 | Dec 10, 2021 | $0.58 | Quarterly | Regular |
| Aug 17, 2021 | Sep 10, 2021 | $0.58 | Quarterly | Regular |
| May 18, 2021 | Jun 10, 2021 | $0.58 | Quarterly | Regular |
| Feb 16, 2021 | Mar 10, 2021 | $0.58 | Quarterly | Regular |
| Nov 17, 2020 | Dec 10, 2020 | $0.58 | Quarterly | Regular |
| Aug 18, 2020 | Sep 10, 2020 | $0.58 | Quarterly | Regular |
| May 19, 2020 | Jun 10, 2020 | $0.58 | Quarterly | Regular |
| Feb 18, 2020 | Mar 10, 2020 | $0.58 | Quarterly | Regular |
| Nov 19, 2019 | Dec 10, 2019 | $0.53 | Quarterly | Regular |
| Aug 20, 2019 | Sep 10, 2019 | $0.53 | Quarterly | Regular |
| May 15, 2019 | Jun 10, 2019 | $0.53 | Quarterly | Regular |
| Feb 19, 2019 | Mar 11, 2019 | $0.53 | Quarterly | Regular |
| Nov 20, 2018 | Dec 10, 2018 | $0.46 | Quarterly | Regular |
| Aug 15, 2018 | Sep 10, 2018 | $0.46 | Quarterly | Regular |
| May 15, 2018 | Jun 11, 2018 | $0.46 | Quarterly | Regular |
| Feb 20, 2018 | Mar 12, 2018 | $0.46 | Quarterly | Regular |
| Nov 15, 2017 | Dec 11, 2017 | $0.40 | Quarterly | Regular |
| Aug 14, 2017 | Sep 11, 2017 | $0.40 | Quarterly | Regular |
| May 15, 2017 | Jun 12, 2017 | $0.36 | Quarterly | Regular |
| Feb 14, 2017 | Mar 10, 2017 | $0.36 | Quarterly | Regular |
| Nov 14, 2016 | Dec 12, 2016 | $0.36 | Quarterly | Regular |
| Aug 15, 2016 | Sep 12, 2016 | $0.36 | Quarterly | Regular |
| May 16, 2016 | Jun 10, 2016 | $0.32 | Quarterly | Regular |
| Feb 12, 2016 | Mar 10, 2016 | $0.32 | Quarterly | Regular |
| Nov 16, 2015 | Dec 10, 2015 | $0.32 | Quarterly | Regular |
| Aug 17, 2015 | Sep 10, 2015 | $0.32 | Quarterly | Regular |
| May 18, 2015 | Jun 10, 2015 | $0.25 | Quarterly | Regular |
| Feb 13, 2015 | Mar 10, 2015 | $0.25 | Quarterly | Regular |
| Nov 17, 2014 | Dec 10, 2014 | $0.25 | Quarterly | Regular |
| Aug 18, 2014 | Sep 10, 2014 | $0.25 | Quarterly | Regular |
| May 19, 2014 | Jun 10, 2014 | $0.21 | Quarterly | Regular |
| Feb 14, 2014 | Mar 10, 2014 | $0.21 | Quarterly | Regular |
| Nov 18, 2013 | Dec 10, 2013 | $0.21 | Quarterly | Regular |
| Aug 19, 2013 | Sep 10, 2013 | $0.21 | Quarterly | Regular |
| May 14, 2013 | Jun 10, 2013 | $0.175 | Quarterly | Regular |
| Feb 15, 2013 | Mar 11, 2013 | $0.175 | Quarterly | Regular |
| Nov 19, 2012 | Dec 10, 2012 | $0.175 | Quarterly | Regular |
| Aug 14, 2012 | Sep 10, 2012 | $0.175 | Quarterly | Regular |
| May 14, 2012 | Jun 11, 2012 | $0.125 | Quarterly | Regular |
| Feb 14, 2012 | Mar 12, 2012 | $0.125 | Quarterly | Regular |
| Nov 14, 2011 | Dec 12, 2011 | $0.125 | Quarterly | Regular |
| Aug 15, 2011 | Sep 12, 2011 | $0.10 | Quarterly | Regular |
What the Dividend Safety Rating Means for MPC
MPC Dividend Questions
How often does MPC pay dividends?
MPC pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
Does MPC pay dividends monthly?
No. MPC pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next MPC dividend?
MPC has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Nov 18, 2026, with the cash around Nov 20, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $1.00 a share, went ex on Aug 19, 2026 and paid Aug 21, 2026. The current rate is $1.00 per share, $4.00 a year.
Does MPC pay a dividend in November 2026?
Not declared yet. By its usual rhythm the next ex-date falls around Nov 18, 2026, with the cash around Nov 20, 2026, so a payment in November 2026 is likely. Only the company’s declaration makes it final.
How much does MPC pay per share?
MPC pays $1.00 a share quarterly, $4.00 a year. At the Nov 10, 2026 close of $378.44 that is a 1.06% run-rate yield, below its usual level: its own 10-year median is 2.59%.
Has MPC raised its dividend?
Yes. MPC has raised its annual dividend 4 years in a row, through 2025. The latest raise, on Nov 19, 2025, took the rate from $0.91 to $1.00 (+9.89%). Over five years the dividend grew 11.5% a year.
Is MPC’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. MPC paid out 8% of its earnings and 5% of its free cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 4 years in a row and gone 13+ years without a cut. Through the market crashes: it raised the dividend through the 2022 crash; it held it through 2020. There is no 2000 or 2008 record on file. This is data, not investment advice. The full 12-check rating comes with a plan.
How do I track my MPC dividends?
Add MPC to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run MPC in the DRIP calculator.