MPLX LP announced a quarterly cash distribution of $1.0765 per common unit for the second quarter of 2026, equating to an annualized rate of $4.31. The payment will be made on August 14, 2026, to unitholders recorded by August 7, 2026. The company also provided tax guidance for non-U.S. investors, indicating that distributions to them are subject to U.S. federal income tax withholding at the highest rate. MPLX LP is a large-cap energy infrastructure and logistics firm operating pipelines, terminals, and processing facilities across key U.S. supply basins.
While SPDR S&P 500 ETF Trust (SPY) remains popular for broad U.S. equity exposure with a 12.71% gain in 2026, its low 1.2% quarterly yield limits income for retirees. The Global X SuperDividend U.S. ETF (DIV), offering a 6.9% yield with monthly payou...
MPLX LP announced a $2.25 billion offering of unsecured senior notes with maturities in 2029, 2032, and 2036, featuring interest rates from 4.7% to 5.5%. The company plans to use the proceeds to redeem $1.25 billion of senior notes due in 2027 and to...
