MPLX LP Announces $1.0765 Quarterly Distribution, May 15 Payout
MPLX LP’s board declared a quarterly cash distribution of $1.0765 per common unit for Q1 2026, representing $4.31 annualized, payable May 15 to holders of record May 8, 2026. Distributions to non-U.S. investors are fully subject to U.S. federal withholding at the highest effective rate.
1. Distribution Details
The board of MPLX LP declared a quarterly cash distribution of $1.0765 per common unit for Q1 2026, equivalent to an annualized $4.31, payable on May 15, 2026 to unitholders of record as of May 8, 2026.
2. Tax Withholding for Non-U.S. Investors
Distributions to non-U.S. investors are treated as effectively connected income and in excess of cumulative net income, making them subject to U.S. federal tax withholding at the highest applicable effective rate, with brokers and nominees responsible as withholding agents.
3. Company Overview
MPLX LP is a large-cap master limited partnership operating midstream energy infrastructure and logistics assets, including pipelines, terminals, storage facilities, and gathering systems for crude oil, refined products, natural gas, and NGLs across key U.S. basins.