Looking at the universe of stocks we cover at Dividend Channel , on 5/15/18, Marathon Petroleum Corp. (Symbol: MPC) will trade ex-dividend, for its quarterly dividend of $0.46, payable on 6/11/18. As a percentage of MPC's recent stock price of $77.61, this dividend works out to approximately 0.59%, so look for shares of Marathon Petroleum Corp. to trade 0.59% lower - all else being equal - when MPC shares open for trading on 5/15/18.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MPC is likely to continue, and whether the current estimated yield of 2.37% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MPC shares, versus its 200 day moving average:
Looking at the chart above, MPC's low point in its 52 week range is $49.30 per share, with $83.27 as the 52 week high point - that compares with a last trade of $77.53.
According to the ETF Finder at ETF Channel, MPC makes up 7.45% of the First Trust Nasdaq Oil & Gas ETF (Symbol: FTXN) which is trading up by about 0.4% on the day Friday.
In Friday trading, Marathon Petroleum Corp. shares are currently up about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.