Phillips 66 Plans Quarterly Dividend of $1.27 (NYSE:PSX)

Posted by on May 16th, 2026

Phillips 66 (NYSE:PSX – Get Free Report) declared a quarterly dividend on Friday, April 17th. Stockholders of record on Monday, May 18th will be paid a dividend of 1.27 per share by the oil and gas company on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, May 18th.

Phillips 66 has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 14 years. Phillips 66 has a payout ratio of 49.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Phillips 66 to earn $18.08 per share next year, which means the company should continue to be able to cover its $5.08 annual dividend with an expected future payout ratio of 28.1%.

Phillips 66 Trading Up 2.9%

Shares of PSX opened at $176.42 on Friday. Phillips 66 has a 1 year low of $109.75 and a 1 year high of $190.61. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $170.79 and a 200-day simple moving average of $151.81. The stock has a market cap of $70.73 billion, a PE ratio of 17.38, a PEG ratio of 0.26 and a beta of 0.70.

Phillips 66 (NYSE:PSX – Get Free Report) last issued its earnings results on Wednesday, April 29th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.54) by $1.03. Phillips 66 had a return on equity of 10.98% and a net margin of 2.99%.The business had revenue of $32.54 billion during the quarter, compared to analysts’ expectations of $35.86 billion. During the same period in the prior year, the firm posted ($0.90) EPS. Phillips 66’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, sell-side analysts predict that Phillips 66 will post 17.39 EPS for the current fiscal year.

About Phillips 66

(Get Free Report)

Phillips 66 (NYSE: PSX) is an independent energy manufacturing and logistics company engaged primarily in refining, midstream transportation, marketing and chemicals. The company processes crude oil into transportation fuels, lubricants and other petroleum products, operates pipeline and storage infrastructure, and participates in petrochemical production through strategic investments. Phillips 66 serves commercial, industrial and retail customers and positions its operations across the value chain of the downstream energy sector.

The company’s principal activities include refining crude oil into gasoline, diesel, jet fuel and feedstocks for petrochemical production; operating midstream assets such as pipelines, terminals and fractionators that move and store crude oil and natural gas liquids; and marketing and distributing fuels and lubricants through wholesale and retail channels.

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Dividend History for Phillips 66 (NYSE:PSX)

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