Marathon Petroleum Corporation (MPC) Ex-Dividend Date Scheduled for August 19, 2013

By
A A A

Marathon Petroleum Corporation ( MPC ) will begin trading ex-dividend on August 19, 2013. A cash dividend payment of $0.42 per share is scheduled to be paid on September 10, 2013. Shareholders who purchased MPC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter. At the current stock price of $70.67, the dividend yield is 2.38%.

The previous trading day's last sale of MPC was $70.67, representing a -23.79% decrease from the 52 week high of $92.73 and a 47.08% increase over the 52 week low of $48.05.

MPC is a part of the Energy sector, which includes companies such as Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ). MPC's current earnings per share, an indicator of a company's profitability, is $9.83. Zacks Investment Research reports MPC's forecasted earnings growth in 2013 as -20.81%, compared to an industry average of -8.5%.

For more information on the declaration, record and payment dates, visit the MPC Dividend History page.

Interested in gaining exposure to MPC through an Exchange Traded Fund [ETF]?
The following ETF(s) have MPC as a top-10 holding:

  • PowerShares Dynamic Energy E&P ( PXE )
  • iShares U.S. Oil & Gas Exploration & Production ETF ( IEO )
  • First Trust IPOX-100 Index Fund ( FPX )
  • First Trust Energy AlphaDEX Fund ( FXN )
  • First Trust DB Strategic Value Index Fund (FDV).

The top-performing ETF of this group is FDV with an increase of 15.95% over the last 100 days. PXE has the highest percent weighting of MPC at 4.55%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: CVX , FPX , FXN , IEO , MPC , PXE , XOM

NASDAQ.com News

NASDAQ.com News

More from NASDAQ.com News:

Related Videos

Why Bankers Are Dishonest
Why Bankers Are Dishonest           

Stocks

Referenced

Most Active by Volume

61,589,609
  • $35.95 ▲ 4.66%
52,206,120
  • $39.92 ▼ 2.49%
48,647,533
  • $17 ▼ 0.35%
41,081,140
  • $9.71 ▲ 2.32%
38,883,256
  • $116.31 ▲ 1.43%
35,895,170
  • $109.82 ▲ 0.92%
28,527,465
  • $8.98 ▲ 2.39%
28,391,104
  • $8.69 ▲ 1.40%
As of 11/20/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com