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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 2024-09-10. Ex dividend date: 2024-08-21
Marathon Oil annual dividend for 2024 was $0.33
Marathon Oil annual dividend for 2023 was $0.41
Marathon Oil's trailing twelve-month (TTM) dividend yield is 1.65%
Marathon Oil's payout ratio for the trailing twelve months (TTM) is 16.91%
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 dateDividend amountDividend typePay date
2024-08-21$0.11quarterly2024-09-10
2024-05-14$0.11quarterly2024-06-10
2024-02-20$0.11quarterly2024-03-11
2023-11-14$0.11quarterly2023-12-11
2023-08-15$0.10quarterly2023-09-11
2023-05-16$0.10quarterly2023-06-12
2023-02-14$0.10quarterly2023-03-10
2022-11-15$0.09quarterly2022-12-12
2022-08-16$0.08quarterly2022-09-12
2022-05-17$0.08quarterly2022-06-10
2022-02-15$0.07quarterly2022-03-10
2021-11-16$0.06quarterly2021-12-10
2021-08-17$0.05quarterly2021-09-10
2021-05-18$0.04quarterly2021-06-10
2021-02-16$0.03quarterly2021-03-10
2020-11-17$0.03quarterly2020-12-10
2020-02-18$0.05quarterly2020-03-10
2019-11-19$0.05quarterly2019-12-10
2019-08-20$0.05quarterly2019-09-10
2019-05-14$0.05quarterly2019-06-10
2019-02-19$0.05quarterly2019-03-11
2018-11-20$0.05quarterly2018-12-10
2018-08-14$0.05quarterly2018-09-10
2018-05-15$0.05quarterly2018-06-11
2018-02-20$0.05quarterly2018-03-12
2017-11-14$0.05quarterly2017-12-11
2017-08-14$0.05quarterly2017-09-11
2017-05-15$0.05quarterly2017-06-12
2017-02-13$0.05quarterly2017-03-10
2016-11-14$0.05quarterly2016-12-12
2016-08-15$0.05quarterly2016-09-12
2016-05-16$0.05quarterly2016-06-10
2016-02-12$0.05quarterly2016-03-10
2015-11-16$0.05quarterly2015-12-10
2015-08-17$0.21quarterly2015-09-10
2015-05-18$0.21quarterly2015-06-10
2015-02-13$0.21quarterly2015-03-10
2014-11-17$0.21quarterly2014-12-10
2014-08-18$0.21quarterly2014-09-10
2014-05-19$0.19quarterly2014-06-10
2014-02-14$0.19quarterly2014-03-10
2013-11-18$0.19quarterly2013-12-10
2013-08-19$0.19quarterly2013-09-10
2013-05-14$0.17quarterly2013-06-10
2013-02-15$0.17quarterly2013-03-11

Marathon Oil Dividend per year

Marathon Oil Dividend growth

Marathon Oil Dividend Yield

Marathon Oil current trailing twelve-month (TTM) dividend yield is 1.65%. Interested in purchasing Marathon Oil stock? Use our calculator to estimate your expected dividend yield:

Marathon Oil Financial Ratios

P/E ratio10.08
PEG ratio1.10
P/B ratio1.35
ROE13.36%
Payout ratio16.91%
Current ratio0.57
Quick ratio0.52
Cash Ratio0.03

Marathon Oil Dividend FAQ

How much is the next Marathon Oil dividend?
Marathon Oil's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Marathon Oil dividend. The next Marathon Oil dividend will be released in February, May, August, or November.
When is Marathon Oil dividend paid?
Marathon Oil pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Marathon Oil pay?
The specific amount of Marathon Oil dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Marathon Oil's dividend history.
Does Marathon Oil stock pay dividends?
Yes, Marathon Oil does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Marathon Oil's dividend history.
How much dividend does Marathon Oil pay?
Marathon Oil paid $0.33 in 2024, $0.41 in 2023, $0.32 in 2022, $0.18 in 2021, and $0.08 in 2020.
How often does Marathon Oil pay dividends?
Marathon Oil typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Marathon Oil's dividend yield?
The current dividend yield for Marathon Oil is 1.65%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Marathon Oil's exact dividend yield.
When does Marathon Oil go ex dividend?
Marathon Oil's ex-dividend date for the latest dividend was on 2024-08-21. Marathon Oil typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Marathon Oil dividend paid?
Marathon Oil pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Marathon Oil increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Marathon Oil will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Marathon Oil dividend per share?
Marathon Oil paid $0.33 per share in 2024 and $0.41 per share in 2023. The amount of dividend per share that Marathon Oil pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Marathon Oil a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Marathon Oil a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Marathon Oil a dividend stock?
Yes, Marathon Oil is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Marathon Oil a good dividend stock?
Whether Marathon Oil is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Marathon Oil has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Marathon Oil pay dividends monthly?
Marathon Oil typically pays dividends on a quarterly basis.
Does Marathon Oil pay dividends quarterly?
Marathon Oil currently pays dividends on a quarterly basis.
Has Marathon Oil ever paid a dividend?
Yes, Marathon Oil has a history of paying dividends to its shareholders. Marathon Oil is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Marathon Oil dividend stocks?
To buy Marathon Oil you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Marathon Oil stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Marathon Oil pay dividends 2024?
Marathon Oil pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Marathon Oil increase its dividend in 2024?
Decisions regarding Marathon Oil dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Marathon Oil dividend overview you can look into the above table of dividend history.
How Marathon Oil dividend works?
The Marathon Oil dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Marathon Oil's dividend process works:

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.
How are Marathon Oil dividends paid?
Marathon Oil dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Marathon Oil pay dividends?
Marathon Oil typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Marathon Oil pay dividends?
The general pattern is that Marathon Oil pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Marathon Oil dividend safe?
The safety of Marathon Oil's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.