Phillips 66 (PSX) Raises Quarterly Dividend 4.3% to $1.20; 4.9% Yield
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Phillips 66 Announces Increase in Quarterly Dividend
April 21, 2025 4:58 PM EDTHOUSTON--(BUSINESS WIRE)-- The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock, representing a $0.05 increase. The dividend is payable on June 2, 2025, to shareholders of record as of the close of business on May 19, 2025.
We are pleased to announce an increase in our quarterly dividend, reflecting our ongoing commitment to delivering value to our shareholders, said Mark Lashier, chairman and CEO of Phillips 66.
Our disciplined approach to capital allocation and strong cash flow generation enables us to return over 50 percent of our net... More
