Looking at the universe of stocks we cover at Dividend Channel, on 2/18/20, Marathon Petroleum Corp. (Symbol: MPC) will trade ex-dividend, for its quarterly dividend of $0.58, payable on 3/10/20. As a percentage of MPC's recent stock price of $59.14, this dividend works out to approximately 0.98%, so look for shares of Marathon Petroleum Corp. to trade 0.98% lower — all else being equal — when MPC shares open for trading on 2/18/20.
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 3.92% 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 $43.96 per share, with $69.65 as the 52 week high point — that compares with a last trade of $59.23.
In Friday trading, Marathon Petroleum Corp. shares are currently off about 0.6% 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.