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Marathon Petroleum raises dividend by 10% to $1.10 per share, payable Dec 10, 2026

Company Fundamentals
29 Oct 2026, 01:30 WIB
PRNewsWire
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Bullish
Marathon Petroleum raises dividend by 10% to $1.10 per share, payable Dec 10, 2026

Marathon Petroleum Corp. announced a 10% increase in its quarterly dividend to $1.10 per share, up from $1.00. The dividend will be paid on December 10, 2026, to shareholders recorded by November 18, 2026. This move reflects the company's strong financial position and commitment to returning value to shareholders. Marathon Petroleum is a major energy company operating the largest refining system in the U.S.

Marathon Petroleum Corp. shares are trading at USD 442.86 on Pluang as of Oct 29, 2026 05:41 WIB, up 1.58% on the day and close to their 52-week high of USD 484.92. Despite a modest dividend yield of 0.92%, the stock shows strong investor interest with 98% of order activity on Pluang being buys. This price level contrasts sharply with the 52-week low of USD 162.63, highlighting significant recovery and market confidence.

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