Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.51%.
YIELD ON COST (YOC)
7.51%
MPLX now pays $4.31 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-10-03) | $32.70 | 13.18% |
| 5 years ago(2021-10-05) | $29.21 | 14.76% |
| 3 years ago(2023-10-06) | $35.13 | 12.27% |
| 1 year ago(2025-10-06) | $49.17 | 8.77% |
| Buying today(at $57.37) | $57.37 | 7.51% |
Projection: starting from today's 7.51% yield, assuming the dividend keeps compounding at 4.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.51%
In 3 years
8.50%
In 5 years
9.24%
In 10 years
11.37%
Try your own purchase price, dividend and growth rate for MPLX Lp (MPLX).
Starting Yield
7.51%
Ending YOC
22.20%
Year 15 Dividend
$12.73
Cum. Dividends Recd.
$120.91
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.31 | N/A | 7.51% | $0.00 |
| Year 1 | $4.63 | +7.49% | 8.08% | $4.63 |
| Year 2 | $4.98 | +7.49% | 8.68% | $9.61 |
| Year 3 | $5.35 | +7.49% | 9.33% | $14.97 |
| Year 4 | $5.75 | +7.49% | 10.03% | $20.72 |
| Year 5 | $6.18 | +7.49% | 10.78% | $26.90 |
| Year 6 | $6.65 | +7.49% | 11.59% | $33.55 |
| Year 7 | $7.15 | +7.49% | 12.46% | $40.70 |
| Year 8 | $7.68 | +7.49% | 13.39% | $48.38 |
| Year 9 | $8.26 | +7.49% | 14.39% | $56.64 |
| Year 10 | $8.87 | +7.49% | 15.47% | $65.51 |
| Year 11 | $9.54 | +7.49% | 16.63% | $75.05 |
| Year 12 | $10.25 | +7.49% | 17.87% | $85.30 |
| Year 13 | $11.02 | +7.49% | 19.21% | $96.33 |
| Year 14 | $11.85 | +7.49% | 20.65% | $108.17 |
| Year 15 | $12.73 | +7.49% | 22.20% | $120.91 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
