MPLX offers a ~7.3% yield and strong growth (~12.5% last year), with guidance supporting similar growth for the next 1-2 years.
BullishHe framed it in years
“3 High Yield Dividend Stocks That Are GROWING Dividends!”
DividendologyPublished Aug 27 · 3 passages
Jump to any passage
3 passages
MPLX 24.5,
MPLX yielding around 7.3,
And MPLX has just seen ridiculous growth. Over the last year it's about 12.5% and management is guiding towards that growth rate for around another year or two. It's really impressive what they're able to pull off as an already high-yielding MLP.
What this channel has said about $MPLX
Dividendology has 3 calls on this stock; only the adjacent ones are shown.
2026-09-02Bullish
we have MLX, SPGI, and then we have Mastercard. MPLX has done really, really well. It's up 24.5%.
Quote at 03:41 ›2026-08-27BullishThis one
MPLX 24.5,
2026-08-05Bullish
And then my most recent addition in the high yield space was MPLX, which I added it just this year and I'm already up 25.38%. Now, when you're analyzing the high yield space, you have to be careful because the way we analyze a lot of alternative high yield asset classes is a little bit unique. And in the case of MPLX, this isn't MLP. So, naturally we need to look at how much distributable cash flow per share they're producing relative to how much they're generating in dividends. And what we can see is distributable cash flow per share is easily covering those dividend payments. And here's what's really impressive. They just released their latest quarter's earnings report, and management is guiding towards 12.5% dividend growth over the next couple of years. So, we're talking about a position that's yielding over 7% as of right now, and it's going to see double-digit dividend growth over the next couple of years. That's an incredible combination of yield as well as dividend growth.
Quote at 08:51 ›