MPLX offers a high current yield of 7.7%, significantly higher than the S&P 500’s 1.1% dividend yield. A recent 12.5% distribution hike now pays $1.0765 per unit quarterly, generating passive income. The MLP is stable with a solid financial profile, requiring 232 units for $1,000 annual income.

Compared to an S&P 500 index fund, investing in MPLX for $1,000 annual income costs $13,000, much lower than $88,500. The MLP’s midstream operations provide stable cash flow supported by long-term contracts and regulated rates. It maintains a conservative financial profile and covers distribution payments comfortably.

MPLX has a history of increasing distributions annually since 2012. With strong financial flexibility, it can pursue acquisitions and expansion projects. The MLP has multiple capital projects set to come online through 2029, supporting continued distribution growth. Its current leverage ratio of 3.7 times is below its stable cash flow support level of 4.0 times.

The Motley Fool’s Stock Advisor team identified the top 10 stocks for investors, excluding MPLX. Their previous recommendations like Netflix and Nvidia have shown significant returns. Stock Advisor boasts a total average return of 955%, outperforming the S&P 500’s 196%. Join their investing community for access to the latest top 10 list.

*Stock Advisor returns as of January 17, 2026. Matt DiLallo has no position in any mentioned stocks. The Motley Fool also has no position and abides by a disclosure policy. Consider investing in the top 10 stocks recommended by the Stock Advisor team for potential high returns in the future.

Read more at Yahoo Finance: Here’s How Many Shares of MPLX You’d Need for $1,000 in Yearly Dividends