MPLX LP Raises Quarterly Cash Distribution From $1.08 To $1.21 Per Share
Benzinga Newsdesk 2 weeks ago
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The board of directors of the general partner of MPLX LP (NYSE:MPLX) has declared a quarterly cash distribution of $1.2111 per common unit for the third quarter of 2026, or $4.84 on an annualized basis.This represents a
The board of directors of the general partner of MPLX LP (NYSE:MPLX) has declared a quarterly cash distribution of $1.2111 per common unit for the third quarter of 2026, or $4.84 on an annualized basis.
This represents a 12.5% increase, or $0.1346 increase per common unit, over the second quarter 2026 distribution. The distribution will be paid on Nov. 13, 2026, to common unitholders of record as of Nov. 6, 2026.