MPLX Raises Quarterly Distribution 12.5% to $1.2111 Per Unit
Findlay, Ohio – October 28, 2026 -- MPLX LP (NYSE: MPLX) has raised its third-quarter 2026 cash distribution 12.5% to $1.2111 per common unit, or $4.84 annualized, the board of the partnership's general partner announced.
MPLX adds $0.1346 per unit over the second-quarter payout
The increase of $0.1346 per common unit is measured against the second-quarter 2026 distribution. The payment will be made on Nov. 13, 2026, to common unitholders of record as of Nov. 6, 2026.
MPLX tells brokers to treat 100% of non-U.S. investor distributions as effectively connected income
MPLX issued a qualified notice to brokers and nominees holding units for non-U.S. investors under Treasury Regulation Section 1.1446-4(b) and (d) and Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees must treat all of the partnership's distributions to non-U.S. investors as attributable to income effectively connected with a U.S. trade or business.