UPDATE: Phillips 66 (PSX) Raises Qtr Dividend 14% to $0.80; 2.7% Yield

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Phillips 66 Announces Increase in Quarterly Dividend

May 9, 2018 12:51 PM EDT

HOUSTON--(BUSINESS WIRE)-- The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 80 cents per share on Phillips 66 common stock, representing a 14 percent increase. The dividend is payable on June 1, 2018, to shareholders of record as of the close of business on May 21, 2018.

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