Marathon Oil Corp. (NYSE: MRO) declared a cash distribution to the holders of its units of beneficial interest, the company announced Oct. 30.
The company's board of directors has declared a dividend of 19 cents per share on Marathon Oil common stock. The dividend is payable on Dec. 10, to stockholders of record on Nov. 20.
Marathon Oil Corp. operates as an independent energy company worldwide. The company is headquartered in Houston.