PHILLIPS 66
PSXPhillips 66 (PSX) is a diversified energy manufacturing and logistics company that operates through multiple segments, including refining, midstream, chemicals, and marketing. Originating from the refining division of ConocoPhillips, it was spun off as an independent company in 2012. Phillips 66 focuses on downstream energy products, including refining petroleum, producing petrochemicals, and distributing fuels and lubricants. The company is known for its integrated operations across the energy value chain, serving customers in North America and globally.
Dividend History
Investors can expect a dividend payout of $1.27 per share, scheduled to be distributed in 45 days on September 1, 2026
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 1, 2026 | $1.27 | 2026-08-18 | 2026-08-18 |
| June 1, 2026 | $1.27 | 2026-05-18 | 2026-05-18 |
| March 4, 2026 | $1.27 | 2026-02-23 | 2026-02-23 |
| December 1, 2025 | $1.20 | 2025-11-17 | 2025-11-17 |
| September 2, 2025 | $1.20 | 2025-08-19 | 2025-08-19 |
Dividends Summary
- Consistent Payer: PHILLIPS 66 has rewarded shareholders with 57 dividend payments over the past 14 years.
- Total Returned Value: Investors who held PSX shares during this period received a total of $45.94 per share in dividend income.
- Latest Payout: The most recent dividend of $1.27/share was paid 47 days ago, on June 1, 2026.
- Yield & Schedule: PSX currently pays dividends quarterly with an annual yield of 2.42%.
- Dividend Growth: Since 2012, the dividend payout has grown by 535.0%, from $0.20 to $1.27.
- Dividend Reliability: PSX has maintained or increased its dividend for 57 consecutive payments.
Company News
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The article compares two independent refiners: Delek US and Par Pacific. Delek US operates four refineries across Texas, Arkansas, and Louisiana with a 63.3% stake in Delek Logistics, but faces high leverage (11.7x debt-to-equity), declining revenue, and regulatory uncertainty. Par Pacific operates four facilities across the Pacific Northwest and...
The global aliphatic hydrocarbon solvents and thinners market is projected to grow from USD 5.26 billion in 2026 to USD 6.81 billion by 2032, with a 4.4% CAGR. Growth is driven by rising demand in coatings, adhesives, and industrial maintenance sectors, particularly in Asia Pacific. Mineral spirits lead the market segment, while paints and coatin...
Phillips 66 announced major midstream capacity expansion projects including the Zeus Gas Plant (300 MMcf/d) and a third Coastal Bend Fractionator, supported by the new Midland Express Pipeline. Both projects are expected to be operational by 2028 as part of the company's $2.0-2.5 billion capital spending program, aimed at supporting Permian outpu...
Crude oil fell below $96 per barrel while gasoline prices climbed to $4.56 per gallon, creating exceptional profit margins for oil refiners. The 3-2-1 crack spread reached $56.22 per barrel—its highest level since June 2022—as refiners benefit from the widening gap between falling crude costs and stable pump prices. Major refiners reported st...
