Phillips 66 Partners (PSXP) Raises Quarterly Dividend 8.1% to $0.40; 2.7% Yield

Phillips 66 Partners (NYSE: PSXP) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. This is an 8.1% increase from the prior dividend of $0.37.

The dividend will be payable on August 12, 2015, to stockholders of record on August 3, 2015, with an ex-dividend date of July 30, 2015.

The annual yield on the dividend is 2.7 percent.

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

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