PSX Phillips 66 dividend history, payout ratio & dates
Phillips 66's latest dividend was on Aug 20, 2024 (ex-date) with a payout of $1.15 per share. On an annualized basis, the company has a current payout of $4.4 per share. This brings the dividend yield to 3.35% based on its recent close price.
Key dates
- PSX last dividend date: Aug 20, 2024
PSX dividend stats
vs. Energy sector
Dividend yield
Phillips 66's dividend yield of 3.35% is above its peers average but below the Energy sector and the industry average. Compared to its Energy sector average of 4.48%, Phillips 66's dividend yield is 25% lower. Historically PSX's dividend yield has averaged at 4.1% in the last 5 years, which is above the current yield.
Dividend history
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 7% since twelve months ago. But with the price of the stock up by 16% from a year ago, the dividend yield has a decrease of 8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 20, 2024 | $1.15 | 3.32% |
| May 17, 2024 | $1.15 | 2.92% |
| Feb 16, 2024 | $1.05 | 2.92% |
| Nov 16, 2023 | $1.05 | 3.7% |
| Aug 17, 2023 | $1.05 | 3.63% |
| May 19, 2023 | $1.05 | 4.26% |
| Feb 17, 2023 | $1.05 | 3.98% |
| Nov 16, 2022 | $0.97 | 3.56% |
| Aug 17, 2022 | $0.97 | 4.21% |
| May 20, 2022 | $0.97 | 3.96% |
| Feb 18, 2022 | $0.92 | 4.28% |
| Nov 16, 2021 | $0.92 | 4.7% |
| Aug 17, 2021 | $0.9 | 5.15% |
| May 21, 2021 | $0.9 | 4.27% |
| Feb 19, 2021 | $0.9 | 4.37% |
| Nov 16, 2020 | $0.9 | 5.75% |
| Aug 17, 2020 | $0.9 | 5.77% |
| May 15, 2020 | $0.9 | 5.08% |
| Feb 14, 2020 | $0.9 | 4.02% |
| Nov 15, 2019 | $0.9 | 2.96% |
| Aug 19, 2019 | $0.9 | 3.44% |
| May 17, 2019 | $0.9 | 3.89% |
| Feb 15, 2019 | $0.8 | 3.33% |
| Nov 16, 2018 | $0.8 | 3.21% |
| Aug 20, 2018 | $0.8 | 2.58% |
| May 18, 2018 | $0.8 | 2.41% |
| Feb 16, 2018 | $0.7 | 3.04% |
| Nov 16, 2017 | $0.7 | 2.95% |
| Aug 16, 2017 | $0.7 | 3.2% |
| May 16, 2017 | $0.7 | 3.3% |
| Feb 16, 2017 | $0.63 | 3.21% |
| Nov 15, 2016 | $0.63 | 2.93% |
| Aug 16, 2016 | $0.63 | 3.05% |
| May 16, 2016 | $0.63 | 2.94% |
| Feb 11, 2016 | $0.56 | 3.07% |
| Nov 10, 2015 | $0.56 | 2.37% |
| Aug 13, 2015 | $0.56 | 2.55% |
| May 14, 2015 | $0.56 | 2.52% |
| Feb 12, 2015 | $0.5 | 2.66% |
Phillips 66 dividend payout ratio
Payout ratio
Phillips 66's payout ratio of 37.4% is above the industry average but below the Energy sector and its peers average. Compared to its Energy sector average of 49.3%, Phillips 66's payout ratio is 24% lower.
Total amount of dividends paid per financial year (from cash flow)
PSX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CVX Chevron Corp | 4.25% | $6.4 | 63.2% |
| PSX Phillips 66 | 3.41% | $4.4 | 37.4% |
| VLO Valero Energy Corp | 3.18% | $4.23 | 24% |
| XOM Exxon Mobil Corp | 3.16% | $3.8 | 45.5% |
| MPC Marathon Petroleum Corp | 2.15% | $3.3 | 17.1% |
Frequently asked questions
Does Phillips 66 pay a dividend?
Yes, Phillips 66 has paid four dividends in the last twelve months. PSX has been paying dividends since 2012.
When was PSX's last dividend?
Phillips 66's last dividend ex-date was on Aug 20, 2024. The dividend amount was $1.15 per share.
How much dividend does Phillips 66 pay (per share)?
PSX has paid dividend of $4.4 per share in the last year.
What is Phillips 66's dividend yield?
Phillips 66's current dividend yield is 3.35%.
How often does Phillips 66 pay dividends?
Phillips 66 pays dividends quarterly.
What is Phillips 66's dividend payout ratio?
The dividend payout ratio of Phillips 66 is 37.4%.
Does Phillips 66 pay a good dividend?
Phillips 66's dividend yield is below the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.