How much dividend does Phillips 66 pay?
Over the past 12 months, Phillips 66 paid a dividend of 4.2 USD . This corresponds to a dividend yield of about 2.77 %. For the coming 12 months, Phillips 66 is expected to pay a dividend of 5 USD.
Phillips 66 Dividend 2024
Phillips 66 Dividend
4.2 USD
Phillips 66 Dividend yield
2.77 %
Ticker
PSX
ISIN
US7185461040
WKN
A1JWQU
How much dividend does Phillips 66 2024 pay?
According to the latest status from April 2024, Phillips 66 paid a total of 4.2 USD per share in dividends within the last 12 months. With the current Phillips 66 price of 151.41 USD, this corresponds to a dividend yield of 2.77 %. A dividend is paid 4 times per year.
| 2.77 % Dividend Yield | = |
|
Historical Phillips 66 Dividends
A dividend is paid 4 times per year. Last year, the payout months were March, June, September and December.
| Paydate | Dividend |
|---|---|
| 6/17/2024 | 1.15 |
| 3/16/2024 | 1.05 |
| 12/16/2023 | 1.05 |
| 9/17/2023 | 1.05 |
| 6/19/2023 | 1.05 |
| 3/17/2023 | 1.05 |
| 12/16/2022 | 0.97 |
| 9/17/2022 | 0.97 |
| 6/20/2022 | 0.97 |
| 3/18/2022 | 0.92 |
| 12/16/2021 | 0.92 |
| 9/17/2021 | 0.9 |
| 6/21/2021 | 0.9 |
| 3/19/2021 | 0.9 |
| 12/16/2020 | 0.9 |
| 9/17/2020 | 0.9 |
| 6/15/2020 | 0.9 |
| 3/14/2020 | 0.9 |
| 12/15/2019 | 0.9 |
| 9/19/2019 | 0.9 |
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Phillips 66 Stock Dividend US7185461040 · A1JWQU
Details
Dividend
ⓘDividend Overview
The dividend per year chart for Phillips 66 provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Phillips 66’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Phillips 66's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Phillips 66 Dividend History
| Date | Phillips 66 Dividend |
|---|---|
| 2027e | 4.85 undefined |
| 2026e | 4.83 undefined |
| 2025e | 5 undefined |
| 2024e | 4.71 undefined |
| 2023 | 4.2 undefined |
| 2022 | 3.83 undefined |
| 2021 | 3.62 undefined |
| 2020 | 3.6 undefined |
| 2019 | 3.5 undefined |
| 2018 | 3.1 undefined |
| 2017 | 2.73 undefined |
| 2016 | 2.45 undefined |
| 2015 | 2.74 undefined |
| 2014 | 2.28 undefined |
| 2013 | 1.95 undefined |
| 2012 | 0.45 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2008 | 0 USD | 0 USD |
| 2009 | 0 USD | 0 USD |
| 2010 | 0 USD | 0 USD |
| 2011 | 0 USD | 0 USD |
| 2012 | 0.45 USD | 0 USD |
| 2013 | 1.95 USD | 0 USD |
| 2014 | 2.28 USD | 0 USD |
| 2015 | 2.74 USD | 0 USD |
| 2016 | 2.45 USD | 0 USD |
| 2017 | 2.73 USD | 0 USD |
| 2018 | 3.1 USD | 0 USD |
| 2019 | 3.5 USD | 0 USD |
| 2020 | 3.6 USD | 0 USD |
| 2021 | 3.62 USD | 0 USD |
| 2022 | 3.83 USD | 0 USD |
| 2023 | 4.2 USD | 0 USD |
| 2024e | 0 USD | 4.71 USD |
| 2025e | 0 USD | 5 USD |
| 2026e | 0 USD | 4.83 USD |
| 2027e | 0 USD | 4.85 USD |
Is the Phillips 66 Dividend Safe?
Phillips 66 has been increasing the dividend for 7 years.
Over the past 10 years, Phillips 66 has increased it by an annual 7.961 %.
Over a five-year period, the distribution increased by 6.262%.
Analysts expect a Dividend Increase of 5.939% for the current fiscal year.
Dividend Details
Understanding Phillips 66's Dividend Distributions
Phillips 66’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Phillips 66's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Phillips 66's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Phillips 66’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Phillips 66 Aktienanalyse
What does Phillips 66 do?
Phillips 66 is an American company specializing in the production of fuel, lubricants, and other petrochemical products. It has a long history dating back to 1917 when the Marland Oil Company was founded. The company grew rapidly and expanded in the 1930s through the construction of refineries. In 1955, Marland Oil Company merged with Phillips Petroleum Company to form the current Phillips 66. Today, Phillips 66 is one of the largest and most successful companies in the oil and gas industry, with its headquarters in Houston, Texas, and nearly 14,000 employees worldwide. The company's business model focuses on processing crude oil and gas from natural gas fields. It operates several refineries in the US, Europe, and Asia to produce gasoline, kerosene, diesel, and other petrochemical products from crude oil. Phillips 66 is also involved in the production of lubricants and other petrochemical products. The company is divided into four main segments: Refining, Marketing and Logistics, Chemicals, and Midstream. These segments complement each other and contribute to the company's success. The Refining segment includes the production of fuels such as gasoline, diesel, and jet fuel, as well as other petrochemical products. Phillips 66's refineries operate in the US, Europe, and Asia and process millions of barrels of crude oil daily. The Marketing and Logistics segment handles the marketing of Phillips 66 products. The company operates over 7,500 gas stations and supplies customers in the aviation, shipping, and transportation industries. Phillips 66 is also involved in the storage, transportation, and distribution of petrochemical products. The Chemicals segment includes the production of chemicals and plastic products from crude oil. Phillips 66's products are used in various industries, including the automotive, electronics, and packaging industries. The Midstream segment refers to the supply chain of crude oil and natural gas. Phillips 66 owns and operates pipelines, loading terminals, and oil ports in the US, Europe, and Asia. The company also provides services to remove sulfur from crude oil to meet emissions standards. Phillips 66's product range is diverse and includes fuels such as gasoline, diesel, jet fuel, and lubricants. The company also produces petrochemical products such as rubber, plastic, resin, and other specialty products. In the renewable energy sector, Phillips 66 has invested in some projects to reduce its CO2 emissions. The company is involved in the development of biofuels and has also partnered with a company to produce renewable natural gas in the US. Overall, Phillips 66 is a company with a long history and a wide range of products and services. It has successfully specialized in processing crude oil and gas from natural gas fields and operates successfully in various business areas. Phillips 66's commitment to renewable energy is another example of the company's ability to respond to industry challenges. Phillips 66 is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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Frequently Asked Questions about Phillips 66 Stock
What is the dividend yield of Phillips 66?
The current dividend yield of Phillips 66 is 2.77 %.
When does Phillips 66 pay dividends?
Phillips 66 pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Phillips 66?
Phillips 66 paid dividends every year for the past 16 years.
What is the dividend of Phillips 66?
For the upcoming 12 months, dividends amounting to 5 USD are expected. This corresponds to a dividend yield of 3.3 %.
In which sector is Phillips 66 located?
Phillips 66 is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Phillips 66 kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Phillips 66 from 6/3/2024 amounting to 1.15 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.
When did Phillips 66 pay the last dividend?
The last dividend was paid out on 6/3/2024.
What was the dividend of Phillips 66 in the year 2023?
In the year 2023, Phillips 66 distributed 3.83 USD as dividends.
In which currency does Phillips 66 pay out the dividend?
The dividends of Phillips 66 are distributed in USD.
Andere Kennzahlen von Phillips 66
Our stock analysis for Phillips 66 Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Phillips 66 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
