MPLX has declared a quarterly cash distribution of 66.75 cents per common unit for the second quarter of 2019.

That represents an increase of 1 cent per unit, or 1.5 percent, over the first quarter 2019 distribution, and an increase of 4 cents per unit, or 6.4 percent, over the second quarter 2018 distribution.

It will be the 26th consecutive quarterly distribution increase and will be paid on Aug. 14, 2019, to common unit holders of record as of Aug. 5, 2019.

Comments