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PSX
Phillips 66
United States flag NYSE
$162.49
USD
-2.92
-1.77%

Market Cap $69,021.84M
Forward P/E 11.9x
Volume 2,002,400
Total Return (3M) 23.18%

Phillips 66 (PSX)
Dividend Date & History

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Dividend Data

Phillips 66’s (PSX) dividend yield is 2.58%, which means that for every $100 invested in the company's stock, investors would receive $2.58 in dividends per year.

Phillips 66’s payout ratio is 26.83% which means that 26.83% of the company's earnings are paid out as dividends. A low payout ratio may indicate that the company has a strong financial position and can invest in growth opportunities, while a high payout ratio may indicate that the company is returning most of its earnings to shareholders. PSX’s annual dividend is $4.20 per share. This is the total amount of dividends paid out to shareholders in a year.

Phillips 66’s (PSX) ex-dividend date is , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.

Phillips 66 (PSX) pays dividends on a quarterly basis. The next dividend payment is planned on . Phillips 66 (PSX) has increased its dividends for 10 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

Dividend Yield 2.58%
Annual Dividend $4.20
Ex Dividend Date May 17, 2024
Dividend Growth 9.66%
Payout Ratio 26.83%
Payout Period Quarterly
Next Div Payment Jun 03, 2024
Cons. Yrs Growth 10

Dividend History and Growth

Phillips 66 (PSX) dividend payments per share are an average of 9.66% over the past 12 months, 5.27% over the past 36 months, 6.26% over the past 60 months, and 12.21% over the past 120 months.

It is important to note that PSX’s dividend history and growth can be affected by many factors, such as profitability, cash flow, and financial stability, as well as its growth prospects and dividend payout policies. Add PSX to your watchlist to be aware of any updates.

Dividend Growth Table

1Y
3Y
5Y
10Y
Annualized Growth %
9.66%
5.27%
6.26%
12.21%

Dividend Growth Graph

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Dividend Yield

PSX dividend yield graph is a visual representation of Phillips 66’s dividend yield over the last 12 months. This is useful for investors to understand PSX’s historical dividend yield and to identify any trends or patterns in the company's dividend payments over time.

Dividend Yield Chart

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Shareholder Yield

Shareholder yield is a metric that measures the total return to shareholders through dividends, buybacks, and debt paydown. It is a ratio that compares the cash returned to shareholders over a period of time to the market capitalization of the company.

Phillips 66 (PSX) shareholder yield graph below includes indicators for dividends, buybacks, and debt paydown, which allows investors to see how each component contributes to the overall shareholder yield.

It's important to note that shareholder yield is just one metric among many that investors may use to evaluate a company's financial health and its potential for future growth. It should be considered in conjunction with other financial metrics such as earnings, revenue, and debt levels to get a comprehensive understanding of a company's financial position.

Shareholder Yield Chart

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Dividend Safety

Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.

Some specific indicators often used to assess Phillips 66 (PSX) dividend safety include

  • Dividend payment history: PSX has a long history of paying dividends and has consistently increased its dividend payout for 10 consecutive years.
  • Dividend payout ratio: A low payout ratio, typically less than 60%, indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Phillips 66’s payout ratio is about 26.83%

It is worth noting that Dividend safety can change over time, and a company that was considered to have a high level of dividend safety in the past may no longer be considered safe today. Therefore, it is important to regularly monitor a company's financial performance and dividend payment history.

Dividend Safety Graph

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Comparing Phillips 66 to Other Stock

The percentile ranks table is a way to compare Phillips 66 (PSX) dividend yield relative to its sector, country, and the world.

  • Dividend yield: PSX’s latest value of 2.58% is the percentage of the current stock price that is paid out as dividends to shareholders. The relative to the sector, country, and world values (0.34, 0.47, and 0.55 respectively) indicate Phillips 66’s dividend yield compared to others in its sector, country, and world. For example, a value of 0.47 relative to country means that Phillips 66’s dividend yield is higher than 47% of companies in its country.

This table allows investors to quickly compare a company's dividend metrics to its peers in the sector, country, and the world, and evaluate its relative stability and growth potential.

Percentile Ranks Table

latest value
relative to sector
relative to country
relative to world
Dividend Yield
2.58%
0.34
0.47
0.55

Dividend FAQ

Does Phillips 66 pay dividends?

Phillips 66 (PSX) pays dividends to its shareholders.

How much is Phillips 66’s dividend?

Phillips 66's (PSX) quarterly dividend per share was $1.15 as of .

When is Phillips 66’s ex-dividend date?

Phillips 66’s latest ex-dividend date was on . The PSX stock shareholders received the last dividend payment of $1.15 per share on .

When is Phillips 66’s next dividend payment date?

Phillips 66’s next dividend payment will be on .

Does Phillips 66 have sufficient earnings to cover its dividends?

Phillips 66 (PSX) has a low payout ratio of 26.83%, which is generally considered to be a sign that a company has enough earnings to pay dividends and retain earnings to reinvest in the business.


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