Why Marathon Petroleum is a High Socially Accountable Dividend Inventory (MPC)

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Why Marathon Petroleum is a High Socially Accountable Dividend Inventory (MPC)

Marathon Petroleum Corp. (Image: MPC) h


Marathon Petroleum Corp. (Image: MPC) has been named a High Socially Accountable Dividend Inventory by Dividend Channel, signifying a inventory with above-average ”DividendRank” statistics together with a powerful 4.5% yield, in addition to being acknowledged by distinguished asset managers as being a socially accountable funding, via evaluation of social and environmental standards. Environmental standards embody concerns just like the environmental influence of the corporate’s services and products, in addition to the corporate’s effectivity by way of its use of vitality and sources. Social standards embody parts akin to human rights, little one labor, company range, and the corporate’s influence on society — as an example, considered could be enterprise actions tied to weapons, playing, tobacco, and alcohol.

In keeping with the ETF Finder at ETF Channel, Marathon Petroleum Corp. is a member of the iShares USA ESG Choose ETF (SUSA), making up 0.18% of the underlying holdings of the fund, which owns $5,439,535 value of MPC shares.

The annualized dividend paid by Marathon Petroleum Corp. is $2.32/share, at the moment paid in quarterly installments, and its most up-to-date dividend ex-date was on 02/16/2021. Under is a long-term dividend historical past chart for MPC, which the DividendRank report harassed as being of key significance. Certainly, learning an organization’s previous dividend historical past might be of excellent assist in judging whether or not the newest dividend is more likely to proceed.

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MPC operates within the Oil & Fuel Refining & Advertising and marketing sector, amongst firms like Chevron Company (CVX), and Equinor ASA (EQNR).

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.



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