company-logo

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable fuels at 12 refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.

Phillips 66 Dividend Announcement

Phillips 66 announced a quarterly dividend of $1.15 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-18
Phillips 66 annual dividend for 2024 was $4.50
Phillips 66 annual dividend for 2023 was $4.20
Phillips 66's trailing twelve-month (TTM) dividend yield is 2.56%
Phillips 66's payout ratio for the trailing twelve months (TTM) is 55.42%
Phillips 66's dividend growth over the last five years (2018-2023) was 6.26% year
Phillips 66's dividend growth over the last ten years (2013-2023) was 12.21% year

Phillips 66 Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-18$1.15quarterly2024-12-02
2024-08-20$1.15quarterly2024-09-03
2024-05-17$1.15quarterly2024-06-03
2024-02-16$1.05quarterly2024-03-01
2023-11-16$1.05quarterly2023-12-01
2023-08-17$1.05quarterly2023-09-01
2023-05-19$1.05quarterly2023-06-01
2023-02-17$1.05quarterly2023-03-01
2022-11-16$0.97quarterly2022-12-01
2022-08-17$0.97quarterly2022-09-01
2022-05-20$0.97quarterly2022-06-01
2022-02-18$0.92quarterly2022-03-01
2021-11-16$0.92quarterly2021-12-01
2021-08-17$0.90quarterly2021-09-01
2021-05-21$0.90quarterly2021-06-01
2021-02-19$0.90quarterly2021-03-01
2020-11-16$0.90quarterly2020-12-01
2020-08-17$0.90quarterly2020-09-01
2020-05-15$0.90quarterly2020-06-01
2020-02-14$0.90quarterly2020-03-02
2019-11-15$0.90quarterly2019-12-02
2019-08-19$0.90quarterly2019-09-03
2019-05-17$0.90quarterly2019-06-03
2019-02-15$0.80quarterly2019-03-01
2018-11-16$0.80quarterly2018-12-03
2018-08-20$0.80quarterly2018-09-04
2018-05-18$0.80quarterly2018-06-01
2018-02-16$0.70quarterly2018-03-01
2017-11-16$0.70quarterly2017-12-01
2017-08-16$0.70quarterly2017-09-01
2017-05-16$0.70quarterly2017-06-01
2017-02-16$0.63quarterly2017-03-01
2016-11-15$0.63quarterly2016-12-01
2016-08-16$0.63quarterly2016-09-01
2016-05-16$0.63quarterly2016-06-01
2016-02-11$0.56quarterly2016-03-01
2015-11-10$0.56quarterly2015-12-01
2015-08-13$0.56quarterly2015-09-01
2015-05-14$0.56quarterly2015-06-01
2015-02-12$0.50quarterly2015-03-02
2014-11-12$0.50quarterly2014-12-01
2014-08-13$0.50quarterly2014-09-02
2014-05-15$0.50quarterly2014-06-02
2014-02-13$0.39quarterly2014-03-03
2013-11-12$0.39quarterly2013-12-02
2013-08-14$0.31quarterly2013-09-03
2013-05-16$0.31quarterly2013-06-03
2013-02-19$0.31quarterly2013-03-01

Phillips 66 Dividend per year

Phillips 66 Dividend growth

Phillips 66 Dividend Yield

Phillips 66 current trailing twelve-month (TTM) dividend yield is 2.56%. Interested in purchasing Phillips 66 stock? Use our calculator to estimate your expected dividend yield:

Phillips 66 Financial Ratios

P/E ratio16.22
PEG ratio1.57
P/B ratio1.90
ROE11.27%
Payout ratio55.42%
Current ratio1.21
Quick ratio0.83
Cash Ratio0.10

Phillips 66 Dividend FAQ

How much is the next Phillips 66 dividend?
Phillips 66's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Phillips 66 dividend. The next Phillips 66 dividend will be released in February, May, August, or November.
When is Phillips 66 dividend paid?
Phillips 66 pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Phillips 66 pay?
The specific amount of Phillips 66 dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Phillips 66's dividend history.
Does Phillips 66 stock pay dividends?
Yes, Phillips 66 does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Phillips 66's dividend history.
How much dividend does Phillips 66 pay?
Phillips 66 paid $4.5 in 2024, $4.2 in 2023, $3.83 in 2022, $3.62 in 2021, and $3.6 in 2020.
How often does Phillips 66 pay dividends?
Phillips 66 typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Phillips 66's dividend yield?
The current dividend yield for Phillips 66 is 2.56%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Phillips 66's exact dividend yield.
When does Phillips 66 go ex dividend?
Phillips 66's ex-dividend date for the latest dividend was on 2024-11-18. Phillips 66 typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Phillips 66 dividend paid?
Phillips 66 pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Phillips 66 increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Phillips 66 will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Phillips 66 dividend per share?
Phillips 66 paid $4.5 per share in 2024 and $4.2 per share in 2023. The amount of dividend per share that Phillips 66 pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Phillips 66 a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Phillips 66 a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Phillips 66 a dividend stock?
Yes, Phillips 66 is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Phillips 66 a good dividend stock?
Whether Phillips 66 is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Phillips 66 has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Phillips 66 as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Phillips 66 pay dividends monthly?
Phillips 66 typically pays dividends on a quarterly basis.
Does Phillips 66 pay dividends quarterly?
Phillips 66 currently pays dividends on a quarterly basis.
Has Phillips 66 ever paid a dividend?
Yes, Phillips 66 has a history of paying dividends to its shareholders. Phillips 66 is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Phillips 66 dividend stocks?
To buy Phillips 66 you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Phillips 66 stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Phillips 66 pay dividends 2024?
Phillips 66 pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Phillips 66 increase its dividend in 2024?
Decisions regarding Phillips 66 dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Phillips 66 dividend overview you can look into the above table of dividend history.
How Phillips 66 dividend works?
The Phillips 66 dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Phillips 66's dividend process works:

1. Determination of Dividend: Phillips 66's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Phillips 66 publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Phillips 66 distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Phillips 66 are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Phillips 66 dividends paid?
Phillips 66 dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Phillips 66 sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Phillips 66 distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Phillips 66 declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Phillips 66 pay dividends?
Phillips 66 typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Phillips 66 pay dividends?
The general pattern is that Phillips 66 pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Phillips 66 dividend safe?
The safety of Phillips 66's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Phillips 66's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Phillips 66's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.