Phillips 66's latest quarterly dividend was on May 20, 2022 (ex-date) with a payout of $0.97 per share. On an annualized basis, the company has a current payout of $3.71 per share. This brings the dividend yield to 4.41% based on its recent close price. The latest dividend has an increase of $0.05, or 5% from the prior distribution.
Phillips 66's dividend yield of 4.41% is above the Energy sector and its peers average but below the industry average.
Phillips 66 has been paying dividends since 2012. PSX has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 3.1% since twelve months ago. And with the price of the stock down by 6% from a year ago, the dividend yield has an increase of 10%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| May 11, 2022 | May 20, 2022 | Jun 1, 2022 | $0.97 | normal |
| Feb 9, 2022 | Feb 18, 2022 | Mar 1, 2022 | $0.92 | normal |
| Oct 8, 2021 | Nov 16, 2021 | Dec 1, 2021 | $0.92 | normal |
| Jul 14, 2021 | Aug 17, 2021 | Sep 1, 2021 | $0.9 | normal |
| May 12, 2021 | May 21, 2021 | Jun 1, 2021 | $0.9 | normal |
| Feb 10, 2021 | Feb 19, 2021 | Mar 1, 2021 | $0.9 | normal |
| Oct 9, 2020 | Nov 16, 2020 | Dec 1, 2020 | $0.9 | normal |
| Jul 8, 2020 | Aug 17, 2020 | Sep 1, 2020 | $0.9 | normal |
| May 6, 2020 | May 15, 2020 | Jun 1, 2020 | $0.9 | normal |
| Feb 5, 2020 | Feb 14, 2020 | Mar 2, 2020 | $0.9 | normal |
| Oct 4, 2019 | Nov 15, 2019 | Dec 2, 2019 | $0.9 | normal |
| Jul 10, 2019 | Aug 19, 2019 | Sep 3, 2019 | $0.9 | normal |
| May 8, 2019 | May 17, 2019 | Jun 3, 2019 | $0.9 | normal |
| Feb 6, 2019 | Feb 15, 2019 | Mar 1, 2019 | $0.8 | normal |
| Oct 5, 2018 | Nov 16, 2018 | Dec 3, 2018 | $0.8 | normal |
| Jul 11, 2018 | Aug 20, 2018 | Sep 4, 2018 | $0.8 | normal |
| May 9, 2018 | May 18, 2018 | Jun 1, 2018 | $0.8 | normal |
| Feb 7, 2018 | Feb 16, 2018 | Mar 1, 2018 | $0.7 | normal |
| Oct 9, 2017 | Nov 16, 2017 | Dec 1, 2017 | $0.7 | normal |
| Jul 12, 2017 | Aug 16, 2017 | Sep 1, 2017 | $0.7 | normal |
| May 16, 2017 | Jun 1, 2017 | $0.7 | normal | |
| Feb 8, 2017 | Feb 16, 2017 | Mar 1, 2017 | $0.63 | normal |
| Oct 7, 2016 | Nov 15, 2016 | Dec 1, 2016 | $0.63 | normal |
| Jul 13, 2016 | Aug 16, 2016 | Sep 1, 2016 | $0.63 | normal |
| May 4, 2016 | May 16, 2016 | Jun 1, 2016 | $0.63 | normal |
| Feb 3, 2016 | Feb 11, 2016 | Mar 1, 2016 | $0.56 | normal |
| Nov 10, 2015 | Dec 1, 2015 | $0.56 | normal | |
| Aug 13, 2015 | Sep 1, 2015 | $0.56 | normal |
Phillips 66's payout ratio of 64.5% is above the Energy sector, the industry and its peers average.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PSX Phillips 66 | 4.41% | $3.71 | 64.5% |
| XOM Exxon Mobil Corp | 4.04% | $3.51 | 58.2% |
| CVX Chevron Corp | 3.81% | $5.52 | 51.8% |
| VLO Valero Energy Corp | 3.77% | $3.92 | 63.2% |
| MPC Marathon Petroleum Corp | 2.71% | $2.32 | 13.5% |