How Good Has MPLX Stock Actually Been?

Core Viewpoint - MPLX, a pipeline company, offers a high dividend yield of 7.2%, which significantly impacts its total return performance compared to the S&P 500 [2][4]. Group 1: One-Year Performance - Over the past year, MPLX shares increased by 6.2%, underperforming the S&P 500's 12.9% gain [2]. - When factoring in the dividend reinvestment, MPLX's total return is 13.6%, closely aligning with the S&P 500's 15% total return [2]. Group 2: Three-Year Performance - In the last three years, MPLX achieved a return of 61.3%, while the S&P 500 returned 67% [3]. - Including dividends and compounding, MPLX's total return over three years is 105.7%, surpassing the S&P 500's 75.3% [4]. Group 3: Five-Year Performance - MPLX's unadjusted return over five years is 160.6%, outperforming the S&P 500's 88.1% return [4]. - The total return for MPLX over five years is 308.4%, significantly exceeding the S&P 500's 103.6% [4]. Group 4: Importance of Dividend Reinvestment - Compounding effects from reinvesting dividends can lead to exponential growth in investments, particularly for high-yielding stocks like MPLX [5][6]. - Investors who reinvest dividends can accumulate more shares, resulting in increased future dividend payments and enhanced long-term returns [6].