Phillips 66's latest quarterly dividend was on Feb 16, 2024 (ex-date) with a payout of $1.05 per share. On an annualized basis, the company has a current payout of $4.2 per share. This brings the dividend yield to 2.67% based on its recent close price.
Phillips 66's dividend yield of 2.67% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 3.73%, Phillips 66's dividend yield is 28% lower. Historically PSX's dividend yield has averaged at 4.2% in the last 5 years, which is above the current yield.
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 6% since twelve months ago. But with the price of the stock up by 57% from a year ago, the dividend yield has a decrease of 32%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 16, 2024 | Mar 1, 2024 | Feb 7, 2024 | $1.05 | normal |
| Nov 16, 2023 | Dec 1, 2023 | Oct 6, 2023 | $1.05 | normal |
| Aug 17, 2023 | Sep 1, 2023 | Jul 12, 2023 | $1.05 | normal |
| May 19, 2023 | Jun 1, 2023 | May 10, 2023 | $1.05 | normal |
| Feb 17, 2023 | Mar 1, 2023 | Feb 8, 2023 | $1.05 | normal |
| Nov 16, 2022 | Dec 1, 2022 | Oct 7, 2022 | $0.97 | normal |
| Aug 17, 2022 | Sep 1, 2022 | Jul 12, 2022 | $0.97 | normal |
| May 20, 2022 | Jun 1, 2022 | May 11, 2022 | $0.97 | normal |
| Feb 18, 2022 | Mar 1, 2022 | Feb 9, 2022 | $0.92 | normal |
| Nov 16, 2021 | Dec 1, 2021 | Oct 8, 2021 | $0.92 | normal |
| Aug 17, 2021 | Sep 1, 2021 | Jul 14, 2021 | $0.9 | normal |
| May 21, 2021 | Jun 1, 2021 | May 12, 2021 | $0.9 | normal |
| Feb 19, 2021 | Mar 1, 2021 | Feb 10, 2021 | $0.9 | normal |
| Nov 16, 2020 | Dec 1, 2020 | Oct 9, 2020 | $0.9 | normal |
| Aug 17, 2020 | Sep 1, 2020 | Jul 8, 2020 | $0.9 | normal |
| May 15, 2020 | Jun 1, 2020 | May 6, 2020 | $0.9 | normal |
| Feb 14, 2020 | Mar 2, 2020 | Feb 5, 2020 | $0.9 | normal |
| Nov 15, 2019 | Dec 2, 2019 | Oct 4, 2019 | $0.9 | normal |
| Aug 19, 2019 | Sep 3, 2019 | Jul 10, 2019 | $0.9 | normal |
| May 17, 2019 | Jun 3, 2019 | May 8, 2019 | $0.9 | normal |
| Feb 15, 2019 | Mar 1, 2019 | Feb 6, 2019 | $0.8 | normal |
| Nov 16, 2018 | Dec 3, 2018 | Oct 5, 2018 | $0.8 | normal |
| Aug 20, 2018 | Sep 4, 2018 | Jul 11, 2018 | $0.8 | normal |
| May 18, 2018 | Jun 1, 2018 | May 9, 2018 | $0.8 | normal |
| Feb 16, 2018 | Mar 1, 2018 | Feb 7, 2018 | $0.7 | normal |
| Nov 16, 2017 | Dec 1, 2017 | Oct 9, 2017 | $0.7 | normal |
| Aug 16, 2017 | Sep 1, 2017 | Jul 12, 2017 | $0.7 | normal |
| May 16, 2017 | Jun 1, 2017 | $0.7 | normal | |
| Feb 16, 2017 | Mar 1, 2017 | Feb 8, 2017 | $0.63 | normal |
| Nov 15, 2016 | Dec 1, 2016 | Oct 7, 2016 | $0.63 | normal |
| Aug 16, 2016 | Sep 1, 2016 | Jul 13, 2016 | $0.63 | normal |
| May 16, 2016 | Jun 1, 2016 | May 4, 2016 | $0.63 | normal |
| Feb 11, 2016 | Mar 1, 2016 | Feb 3, 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 27% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 44.6%, Phillips 66's payout ratio is 39% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CVX Chevron Corp | 3.78% | $6.16 | 54% |
| XOM Exxon Mobil Corp | 3.07% | $3.72 | 41.8% |
| PSX Phillips 66 | 2.64% | $4.2 | 27% |
| VLO Valero Energy Corp | 2.47% | $4.13 | 16.6% |
| MPC Marathon Petroleum Corp | 1.58% | $3.15 | 13.3% |
Yes, Phillips 66 has paid four dividends in the last twelve months. PSX has been paying dividends since 2012.
PSX has announced its next dividend with ex-date May 17, 2024.
Phillips 66's last dividend ex-date was on Feb 16, 2024. The dividend amount was $1.05 per share.
PSX has paid dividend of $4.2 per share in the last year.
Phillips 66's current dividend yield is 2.67%.
Phillips 66 pays dividends quarterly.
The dividend payout ratio of Phillips 66 is 27%.
Phillips 66's dividend yield is below the Energy sector average.