{"id":518337,"date":"2021-07-27T12:22:18","date_gmt":"2021-07-27T16:22:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mplx-lp-announces-quarterly-distribution\/"},"modified":"2021-07-27T12:22:18","modified_gmt":"2021-07-27T16:22:18","slug":"mplx-lp-announces-quarterly-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mplx-lp-announces-quarterly-distribution\/","title":{"rendered":"MPLX LP Announces Quarterly Distribution"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">FINDLAY, Ohio<\/span>, <span class=\"xn-chron\">July 27, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0The board of directors of the general partner\u00a0of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of <span class=\"xn-money\">$0.6875<\/span> per common unit for the second quarter of 2021, or <span class=\"xn-money\">$2.75<\/span> on an annualized basis. The distribution will be paid on <span class=\"xn-chron\">Aug. 13, 2021<\/span>, to common unitholders of record as of <span class=\"xn-chron\">Aug. 6, 2021<\/span>.<\/p>\n<p>This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100% of MPLX&#8217;s distributions to foreign investors as being attributable to income that is effectively connected with a <span class=\"xn-location\">United States<\/span> trade or business. Accordingly, MPLX&#8217;s distributions to non-<span class=\"xn-location\">United States<\/span> investors are subject to federal income tax withholding at the highest applicable effective tax rate.<\/p>\n<p>\n        <b>About MPLX LP<\/b>\u00a0<\/p>\n<p>MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX&#8217;s assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. More information is available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3240270-1&amp;h=1030065022&amp;u=http%3A%2F%2Fwww.mplx.com%2F&amp;a=www.mplx.com\" rel=\"nofollow noopener\">www.mplx.com<\/a>.<\/p>\n<p>\n        <b>Investor Relations Contacts: (419) 421-2071<br \/><\/b><br \/>\n        <span class=\"xn-person\">Kristina Kazarian<\/span>, Vice President, Investor Relations<br \/><span class=\"xn-person\">Jamie Madere<\/span>, Manager, Investor Relations<br \/><span class=\"xn-person\">Isaac Feeney<\/span>, Analyst, Investor Relations<\/p>\n<p>\n        <b>Media Contact: (419) 421-3312<br \/><\/b>Jamal Kheiry, Communications Manager<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL55595&amp;sd=2021-07-27\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/mplx-lp-announces-quarterly-distribution-301342347.html\">https:\/\/www.prnewswire.com\/news-releases\/mplx-lp-announces-quarterly-distribution-301342347.html<\/a><\/p>\n<p>SOURCE  MPLX LP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL55595&amp;Transmission_Id=202107271218PR_NEWS_USPR_____CL55595&amp;DateId=20210727\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire FINDLAY, Ohio, July 27, 2021 \/PRNewswire\/ &#8212;\u00a0The board of directors of the general partner\u00a0of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6875 per common unit for the second quarter of 2021, or $2.75 on an annualized basis. The distribution will be paid on Aug. 13, 2021, to common unitholders of record as of Aug. 6, 2021. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100% of MPLX&#8217;s distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, MPLX&#8217;s distributions to non-United States investors are subject to federal income tax withholding at the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mplx-lp-announces-quarterly-distribution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MPLX LP Announces Quarterly Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-518337","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MPLX LP Announces Quarterly Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mplx-lp-announces-quarterly-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MPLX LP Announces Quarterly Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire FINDLAY, Ohio, July 27, 2021 \/PRNewswire\/ &#8212;\u00a0The board of directors of the general partner\u00a0of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6875 per common unit for the second quarter of 2021, or $2.75 on an annualized basis. The distribution will be paid on Aug. 13, 2021, to common unitholders of record as of Aug. 6, 2021. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100% of MPLX&#8217;s distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. 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The distribution will be paid on Aug. 13, 2021, to common unitholders of record as of Aug. 6, 2021. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100% of MPLX&#8217;s distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. 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