Looking at the universe of stocks we cover at Dividend Channel, on 1/31/14, MPLX LP (MPLX) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 2/14/14. As a percentage of MPLX's recent stock price of $46.47, this dividend works out to approximately 0.67%, so look for shares of MPLX LP to trade 0.67% lower — all else being equal — when MPLX shares open for trading on 1/31/14.
Below is a dividend history chart for MPLX, showing historical dividends prior to the most recent $0.3125 declared by MPLX LP:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MPLX is likely to continue, and whether the current estimated yield of 2.69% on annualized basis is a reasonable expectation of annual yield going forward.
In Wednesday trading, MPLX LP shares are currently up about 0.3% on the day.