MPLX LP ( MPLX ) will begin trading ex-dividend on August 03, 2018. A cash dividend payment of $0.627 per share is scheduled to be paid on August 14, 2018. Shareholders who purchased MPLX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.46% increase over prior dividend payment. At the current stock price of $36.52, the dividend yield is 6.87%.
The previous trading day's last sale of MPLX was $36.52, representing a -7.26% decrease from the 52 week high of $39.38 and a 15.57% increase over the 52 week low of $31.60.
MPLX is a part of the Energy sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and Enbridge Inc ( ENB ). MPLX's current earnings per share, an indicator of a company's profitability, is $1.76. Zacks Investment Research reports MPLX's forecasted earnings growth in 2018 as 121.56%, compared to an industry average of 18.2%.
Interested in gaining exposure to MPLX through an Exchange Traded Fund [ETF]?
The following ETF(s) have MPLX as a top-10 holding:
- Direxion Daily Natural Gas Related Bull 3X Shares ( GASL )
- Direxion Zacks MLP High Income Index Shares ( ZMLP ).
The top-performing ETF of this group is GASL with an increase of 22.82% over the last 100 days.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.