Marathon Petroleum Corporation ( MPC ) will begin trading ex-dividend on November 14, 2016. A cash dividend payment of $0.36 per share is scheduled to be paid on December 12, 2016. Shareholders who purchased MPC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.5% increase over prior dividend payment. At the current stock price of $43.82, the dividend yield is 3.29%.
The previous trading day's last sale of MPC was $43.82, representing a -26.95% decrease from the 52 week high of $59.99 and a 49.86% increase over the 52 week low of $29.24.
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 $2.13. Zacks Investment Research reports MPC's forecasted earnings growth in 2016 as -62.22%, compared to an industry average of -25.6%.
Interested in gaining exposure to MPC through an Exchange Traded Fund [ETF]?
The following ETF(s) have MPC as a top-10 holding:
- iShares Russell Mid-cap Value ETF ( IWS ).
The top-performing ETF of this group is IWS with an increase of 3.07% over the last 100 days. It also has the highest percent weighting of MPC at 0.7%.