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.
MPLX About To Put More Money In Your Pocket (MPLX)
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