Marathon Petroleum announced October 28 that its board declared a quarterly common-stock dividend of $1.10 a share, up from $1.00.

The 10% increase applies to a payment scheduled for December 10, 2026. Shareholders must be on the company's register at the close of business November 18 to receive it, according to the announcement.

The declaration concerns a future shareholder distribution. It is separate from the company's quarterly earnings report, which Marathon has scheduled for November 3.

Based in Findlay, Ohio, Marathon Petroleum operates refining and fuel-marketing businesses in the United States. It also owns the general partner and a majority limited-partner interest in MPLX, which operates energy transportation, processing and logistics infrastructure.

Sources Marathon Petroleum dividend announcement, October 28, 2026.