Marathon Petroleum Corporation filed an 8-K on October 28, 2026, disclosing that its board of directors declared a quarterly common stock dividend of $1.10 per share, a 10% increase over the prior dividend of $1.00 per share.

Key Highlights

  • Dividend amount: $1.10 per share on common stock, as declared by the board of directors.
  • Increase from prior dividend: The new dividend represents a 10% increase over the previous $1.00 per share dividend, according to the filing.
  • Payment date: The dividend is payable December 10, 2026.
  • Record date: Shareholders of record as of the close of business November 18, 2026, are eligible.
  • Issuer: Marathon Petroleum Corp., traded on NYSE:MPC, headquartered in Findlay, Ohio.

Marathon Petroleum Board Declares $1.10 Common Stock Dividend for December 2026

According to the filing, the board of directors of Marathon Petroleum Corp. (NYSE:MPC) declared a dividend of $1.10 per share on common stock. The company disclosed that this represents an increase of 10% over its previous dividend of $1.00 per share. The announcement was issued from Findlay, Ohio on October 28, 2026.

The filing states that the dividend is payable on December 10, 2026, to shareholders of record as of the close of business on November 18, 2026. No additional conditions or qualifications regarding the dividend payment were specified in the filing beyond these dates.

Marathon Petroleum Corporation described itself in the filing as "a leading, integrated, downstream and midstream energy company" headquartered in Findlay, Ohio. The company disclosed that it operates the nation's largest refining system and that its marketing system includes branded locations across the United States, including Marathon brand retail outlets. The filing also noted that MPC owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.

What Was Disclosed

Marathon Petroleum Corp. disclosed a board-declared common stock dividend of $1.10 per share, a 10% increase from the prior $1.00 per share dividend, payable December 10, 2026, to shareholders of record as of November 18, 2026.