Home Markets Dividend Growth of Marathon Petroleum Corporation(MPC)

Dividend Growth of Marathon Petroleum Corporation(MPC)


Marathon Petroleum Corporation(MPC) is having a Dividend Yield of 2.84% with the Annual cash Dividend per share of $1.36. The last quarter cash dividend per share pay out was $0.36. Marathon Petroleum Corporation has a 5 year average dividend yield of 2.4% and the stock has a Indicated annual dividend of $1.44. Marathon Petroleum Corporation(MPC) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.36. The new indicated annual dividend based on announced dividend per share is $1.44. The dividend yield based on the forward looking indicated annual dividend is 2.84%. Marathon Petroleum Corporation(MPC) has the most recent dividend payout ratio of 0.67 with a 5-year average payout ratio of 0.26. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.42. The 5 year historical dividend growth of Marathon Petroleum Corporation(MPC) is at the rate of 23.37% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Marathon Petroleum Corporation (NYSE:MPC) witnessed a decline in the market cap on Thursday as its shares dropped 1.34% or 0.68 points. After the session commenced at $50.99, the stock reached the higher end at $51 while it hit a low of $49.86. With the volume soaring to 2,955,418 shares, the last trade was called at $49.96. The company has a 52-week high of $54.59. The company has a market cap of $26,370 million and there are 527,815,189 shares in outstanding. The 52-week low of the share price is $30.64. Shares of Marathon Petroleum Corporation rose by 0.78% in the last five trading days and 2.9% for the last 4 weeks. Marathon Petroleum Corporation is up 14.81% in the last 3-month period. Year-to-Date the stock performance stands at -0.06%.

Currently the company Insiders own 1.03% of Marathon Petroleum Corporation shares according to the proxy statements. Institutional Investors own 78.16% of Marathon Petroleum Corporation shares. Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Charles E Bunch (director) purchased 2,000 shares at 49.94 per share price.On May 31, 2016, Steven A Davis (director) purchased 1,500 shares at 34.70 per share price.On Dec 14, 2015, Pamela K.m. Beall (officer ) sold 47,342 shares at 52.73 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by UBS on Feb 2, 2017 to Buy, Raises Price Target to $ 63 from a previous price target of $50 .Marathon Petroleum Corp was Upgraded by JP Morgan to Overweight on Dec 7, 2016.

Marathon Petroleum Corp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $0.32. The company had revenue of $17284.00 million for the quarter, compared to analysts expectations of $16000.00 million. The companys revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.

Marathon Petroleum Corporation is engaged in refining, transporting, and marketing of petroleum products. Marathon Petroleum Corporation is headquartered in Findlay, Ohio.



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