Marathon Petroleum Corporation (
) 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 (
) and Chevron Corporation (
). 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
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 (
- iShares U.S. Oil & Gas Exploration & Production ETF (
- First Trust IPOX-100 Index Fund (
- First Trust Energy AlphaDEX Fund (
- 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%.