Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
Marathon Oil Dividend Announcement
• Marathon Oil announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-12-10. Ex dividend date: 2024-11-15
• Marathon Oil annual dividend for 2024 was $0.44
• Marathon Oil annual dividend for 2023 was $0.41
• Marathon Oil's trailing twelve-month (TTM) dividend yield is 1.54%
• Marathon Oil's payout ratio for the trailing twelve months (TTM) is 19.02%
• Marathon Oil's dividend growth over the last five years (2018-2023) was 15.44% year
• Marathon Oil's dividend growth over the last ten years (2013-2023) was -5.48% year
Marathon Oil Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.11 | quarterly | 2024-12-10 |
2024-08-21 | $0.11 | quarterly | 2024-09-10 |
2024-05-14 | $0.11 | quarterly | 2024-06-10 |
2024-02-20 | $0.11 | quarterly | 2024-03-11 |
2023-11-14 | $0.11 | quarterly | 2023-12-11 |
2023-08-15 | $0.10 | quarterly | 2023-09-11 |
2023-05-16 | $0.10 | quarterly | 2023-06-12 |
2023-02-14 | $0.10 | quarterly | 2023-03-10 |
2022-11-15 | $0.09 | quarterly | 2022-12-12 |
2022-08-16 | $0.08 | quarterly | 2022-09-12 |
2022-05-17 | $0.08 | quarterly | 2022-06-10 |
2022-02-15 | $0.07 | quarterly | 2022-03-10 |
2021-11-16 | $0.06 | quarterly | 2021-12-10 |
2021-08-17 | $0.05 | quarterly | 2021-09-10 |
2021-05-18 | $0.04 | quarterly | 2021-06-10 |
2021-02-16 | $0.03 | quarterly | 2021-03-10 |
2020-11-17 | $0.03 | quarterly | 2020-12-10 |
2020-02-18 | $0.05 | quarterly | 2020-03-10 |
2019-11-19 | $0.05 | quarterly | 2019-12-10 |
2019-08-20 | $0.05 | quarterly | 2019-09-10 |
2019-05-14 | $0.05 | quarterly | 2019-06-10 |
2019-02-19 | $0.05 | quarterly | 2019-03-11 |
2018-11-20 | $0.05 | quarterly | 2018-12-10 |
2018-08-14 | $0.05 | quarterly | 2018-09-10 |
2018-05-15 | $0.05 | quarterly | 2018-06-11 |
2018-02-20 | $0.05 | quarterly | 2018-03-12 |
2017-11-14 | $0.05 | quarterly | 2017-12-11 |
2017-08-14 | $0.05 | quarterly | 2017-09-11 |
2017-05-15 | $0.05 | quarterly | 2017-06-12 |
2017-02-13 | $0.05 | quarterly | 2017-03-10 |
2016-11-14 | $0.05 | quarterly | 2016-12-12 |
2016-08-15 | $0.05 | quarterly | 2016-09-12 |
2016-05-16 | $0.05 | quarterly | 2016-06-10 |
2016-02-12 | $0.05 | quarterly | 2016-03-10 |
2015-11-16 | $0.05 | quarterly | 2015-12-10 |
2015-08-17 | $0.21 | quarterly | 2015-09-10 |
2015-05-18 | $0.21 | quarterly | 2015-06-10 |
2015-02-13 | $0.21 | quarterly | 2015-03-10 |
2014-11-17 | $0.21 | quarterly | 2014-12-10 |
2014-08-18 | $0.21 | quarterly | 2014-09-10 |
2014-05-19 | $0.19 | quarterly | 2014-06-10 |
2014-02-14 | $0.19 | quarterly | 2014-03-10 |
2013-11-18 | $0.19 | quarterly | 2013-12-10 |
2013-08-19 | $0.19 | quarterly | 2013-09-10 |
2013-05-14 | $0.17 | quarterly | 2013-06-10 |
2013-02-15 | $0.17 | quarterly | 2013-03-11 |
Marathon Oil Dividend per year
Marathon Oil Dividend growth
Marathon Oil Dividend Yield
Marathon Oil current trailing twelve-month (TTM) dividend yield is 1.54%. Interested in purchasing Marathon Oil stock? Use our calculator to estimate your expected dividend yield:
Marathon Oil Financial Ratios
Marathon Oil Dividend FAQ
Other factors to consider when evaluating Marathon Oil as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Marathon Oil's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Marathon Oil publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Marathon Oil distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Marathon Oil are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Marathon Oil sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Marathon Oil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Marathon Oil declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Marathon Oil's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Marathon Oil's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.