Analyzing Marathon Oil’s Dividend and Dividend Yield

Marathon Oil’s last dividend payment and dividend yield

MRO paid its last dividend on June 11. The dividend, which was its dividend payment for Q2 2018, was $0.05 per share for its common stock.

Analyzing Marathon Oil’s Dividend and Dividend Yield

For the trailing 12 months, Marathon Oil paid a total dividend of $0.20 per share on its common stock. As of July 19, its dividend yield, which measures the trailing-12-month dividend, divided by its stock price, stood at 0.97%. That day, MRO stock closed at $20.54.

Marathon Oil’s dividend history

MRO’s dividend payment decreased from $0.21 per share in Q3 2015 to $0.05 per share in Q2 2018. As you can see in the above chart, its dividend fell steeply in Q4 2015 when the company decided to reduce its dividend payment in order to deal with lower operating cash flow due to declining crude oil and natural gas prices. Since Q4 2015, its quarterly dividend payment remained unchanged at $0.05.

Dividend yields of other upstream players

As of July 19, MRO’s peers Occidental Petroleum (OXY), Pioneer Natural Resources (PXD), EOG Resources (EOG), and Devon Energy (DVN) have dividend yields of 3.76%, 0.18%, 0.60%, and 0.73%, respectively. That day, OXY, PXD, EOG, and DVN closed at $82.98, $182.97, $122.39, and $44.14, respectively.

Now let’s look at MRO’s Wall Street analysts’ recommendations.