Phillips 66 Partners (PSXP) Raises Quarterly Dividend 5.1% to $0.531; 4.5% Yield

Phillips 66 Partners (NYSE: PSXP) declared a quarterly dividend of $0.531 per share, or $2.124 annualized. This is a 5.1% increase from the prior dividend of $0.505.

The dividend will be payable on November 14, 2016, to stockholders of record on November 2, 2016, with an ex-dividend date of October 31, 2016.

The annual yield on the dividend is 4.5 percent.

For a dividend history and other dividend-related data on Phillips 66 Partners (PSXP) click here.

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