Phillips 66 (PSX) Raises Quarterly Dividend 28.2% to $0.50; 2.4% Yield

Phillips 66 (NYSE: PSX) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 28.2% increase from the prior dividend of $0.39.

The dividend will be payable on June 2, 2014, to stockholders of record on May 19, 2014, with an ex-dividend date of May 15, 2014.

The annual yield on the dividend is 2.4 percent.

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

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