Phillips 66 (PSX) Declares $0.50 Quarterly Dividend; 2.5% Yield
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Phillips 66 (PSX) Approves Increase in Capital Spending Program to $3.9B in 2014
July 9, 2014 2:31 PM EDTThe board of directors of Phillips 66 (NYSE: PSX) has approved an increase in 2014 capital spending to support the companys growth strategy and authorized returning additional capital to shareholders.
The board authorized $3.9 billion of capital expenditures this year, an increase of $1.2 billion to the previously approved budget. The increased capital program is designed to accelerate the development of the Sweeny... More
