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PSX Phillips 66 — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Energy / Oil & Gas Refining & Marketing

$273.61 ▼ $-0.15(-0.05%) as of Oct 30, 2026 06:20 UTC
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Phillips 66 operates as a diversified energy company, specializing in both manufacturing and logistics. Its comprehensive business model is structured across four primary segments: Midstream, Chemicals, Refining, and Marketing & Specialties (M&S). The Midstream division manages the vital infrastructure for transporting and processing various energy commodities. This includes moving crude oil and other feedstocks, delivering refined petroleum products to market, offering terminaling and storage solutions, and handling natural gas liquids (NGLs) through processes like transportation, storage, fractionation, export, and marketing. It also provides fee-based processing services and oversees the gathering, processing, transportation, and marketing of natural gas. The Chemicals segment is dedicated to the production and distribution of a broad spectrum of chemical products. This encompasses olefins like ethylene, aromatics and styrenics such as benzene, cyclohexane, styrene, and polystyrene, alongside various specialty chemicals. These specialty products include organosulfur compounds, solvents, catalysts, and chemicals utilized in drilling and mining operations. Through its Refining segment, Phillips 66 transforms crude oil and other feedstocks into essential petroleum products. These include different grades of gasoline, distillates, aviation fuels, and renewable fuels, processed at its network of 12 refineries located in the United States and Europe. The Marketing & Specialties (M&S) segment focuses on the procurement, resale, and marketing of refined petroleum products like gasolines, distillates, and aviation fuels, primarily serving markets in the United States and Europe. This segment also manufactures and distributes specialized products, including base oils and lubricants. Phillips 66, founded in 1875, is headquartered in Houston, Texas.

Dividend Snapshot

StatusRecently Increased
Last Dividend$1.2700Paid Sep 01, 2026
Forward Annual$5.32From the $1.3300 dividend declared Oct 16, 2026
FrequencyQuarterly
Last Ex-DateAug 18, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 17, 2026$1.3300, declared Oct 16, 2026The ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Next Pay DateDec 01, 2026
1-Yr Growth5.6%Annual totals, 2024–2025
10-Yr Growth8.1%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

93/100

Very strong indicators

Complete data

Dividend Growth Score

66/100

Strong growth record

Complete data

Dividend Value Score

31/100

Above own historical valuation

Complete data

DividendRank

66/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for PSX
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 28% (TTM to Jun 30, 2026) 100 20%
FCF payout ratioFCF payout ratio 31% (TTM to Jun 30, 2026) 100 25%
Net debt / EBITDANet debt / EBITDA 1.3x (TTM to Jun 30, 2026) 96 15%
Interest coverageInterest coverage 8.7x (TTM to Jun 30, 2026) 86 10%
Dividend record14 years of uninterrupted regular payments 75 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for PSX
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 5.7% (2020–2025) 76 25%
Consecutive annual increases12 consecutive annual increases (through 2025) 83 20%
Payout headroomHeadroom from the earnings payout ratio 28% (TTM to Jun 30, 2026) 100 20%
Earnings per share growth (3 years)EPS CAGR -22.6% (FY2022–FY2025) 0 15%
Revenue growth (3 years)Revenue CAGR -8.1% (FY2022–FY2025) 10 10%
10-year dividend growth10-year dividend CAGR 8.1% (2015–2025) 90 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Value Score is built for PSX
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 0th percentile of its 120 month-end yields 0 40%
P/E vs own 5-year medianP/E 16.2 is 1.35x its 5-year median of 12.0 12 25%
FCF yieldFCF yield 5.9% (TTM to Jun 30, 2026) 78 20%
P/E vs peersP/E 16.2 vs peer median 21.0 (0.77x; 50 corporation / Energy securities) 79 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

1.94%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$5.3200

Declared Oct 16, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

49

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$127.75 – $297.29

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

27.96%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

14

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

3.60

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 93/100, yield 1.94%.
A Accelerating
12 consecutive years of dividend increases.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
14 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume2,767,489Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$286.09Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$282.02 – $287.76Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$284.63Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$109.18BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out399.02MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$17.6912 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)16.1Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateAug 18, 2026Paid Sep 01, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 17, 2026Pays Dec 01, 2026; declaredThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)7.4%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)5.7%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases12 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose12Since Jul 2012
Rank among payers932of 2,430 with a record
Years it fell over 20%0in 12 comparable years
Of peers with 10 to 24 up years75%also cut at some point

PSX has raised its annual dividend in 12 separate years since July 2012, which ranks 932 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

PSX's dividend yield fell from 2.46% to 1.94% over the past ~90 days (-0.52 pp). Of that move, +0.09 pp came from changes in the dividend rate and -0.61 pp from the share price ($206.19 on Aug 03, 2026 → $273.61 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current1.94%
1-Yr Average2.87%
Low / High1.71% – 3.79%
Percentile8%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), PSX's current yield is higher than approximately 8% of them. Our stored price history for PSX covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$1.3300 Q Regular upcoming, declared Oct 16, 2026 Nov 17, 2026 Nov 17, 2026 Dec 01, 2026
$1.2700 Q Regular Jul 09, 2026 Aug 18, 2026 Aug 18, 2026 Sep 01, 2026
$1.2700 Q Regular Apr 17, 2026 May 18, 2026 May 18, 2026 Jun 01, 2026
$1.2700 Q Regular Feb 11, 2026 Feb 23, 2026 Feb 23, 2026 Mar 04, 2026
$1.2000 Q Regular Oct 08, 2025 Nov 17, 2025 Nov 17, 2025 Dec 01, 2025
$1.2000 Q Regular Jul 10, 2025 Aug 19, 2025 Aug 19, 2025 Sep 02, 2025
$1.2000 Q Regular Apr 21, 2025 May 19, 2025 May 19, 2025 Jun 02, 2025
$1.1500 Q Regular Feb 12, 2025 Feb 24, 2025 Feb 24, 2025 Mar 05, 2025
$1.1500 Q Regular Oct 11, 2024 Nov 18, 2024 Nov 18, 2024 Dec 02, 2024
$1.1500 Q Regular Jul 10, 2024 Aug 20, 2024 Aug 20, 2024 Sep 03, 2024
$1.1500 Q Regular Apr 03, 2024 May 17, 2024 May 20, 2024 Jun 03, 2024
$1.0500 Q Regular Feb 07, 2024 Feb 16, 2024 Feb 20, 2024 Mar 01, 2024
$1.0500 Q Regular Oct 06, 2023 Nov 16, 2023 Nov 17, 2023 Dec 01, 2023
$1.0500 Q Regular Jul 12, 2023 Aug 17, 2023 Aug 18, 2023 Sep 01, 2023
$1.0500 Q Regular May 10, 2023 May 19, 2023 May 22, 2023 Jun 01, 2023
$1.0500 Q Regular Feb 08, 2023 Feb 17, 2023 Feb 21, 2023 Mar 01, 2023
$0.9700 Q Regular Oct 07, 2022 Nov 16, 2022 Nov 17, 2022 Dec 01, 2022
$0.9700 Q Regular Jul 12, 2022 Aug 17, 2022 Aug 18, 2022 Sep 01, 2022
$0.9700 Q Regular May 11, 2022 May 20, 2022 May 23, 2022 Jun 01, 2022
$0.9200 Q Regular Feb 09, 2022 Feb 18, 2022 Feb 22, 2022 Mar 01, 2022
$0.9200 Q Regular Oct 08, 2021 Nov 16, 2021 Nov 17, 2021 Dec 01, 2021
$0.9000 Q Regular Jul 14, 2021 Aug 17, 2021 Aug 18, 2021 Sep 01, 2021
$0.9000 Q Regular May 12, 2021 May 21, 2021 May 24, 2021 Jun 01, 2021
$0.9000 Q Regular Feb 10, 2021 Feb 19, 2021 Feb 22, 2021 Mar 01, 2021
$0.9000 Q Regular Oct 09, 2020 Nov 16, 2020 Nov 17, 2020 Dec 01, 2020
$0.9000 Q Regular Jul 08, 2020 Aug 17, 2020 Aug 18, 2020 Sep 01, 2020
$0.9000 Q Regular May 06, 2020 May 15, 2020 May 18, 2020 Jun 01, 2020
$0.9000 Q Regular Feb 05, 2020 Feb 14, 2020 Feb 18, 2020 Mar 02, 2020
$0.9000 Q Regular Oct 04, 2019 Nov 15, 2019 Nov 18, 2019 Dec 02, 2019
$0.9000 Q Regular Jul 10, 2019 Aug 19, 2019 Aug 20, 2019 Sep 03, 2019
$0.9000 Q Regular May 08, 2019 May 17, 2019 May 20, 2019 Jun 03, 2019
$0.8000 Q Regular Feb 06, 2019 Feb 15, 2019 Feb 19, 2019 Mar 01, 2019
$0.8000 Q Regular Oct 05, 2018 Nov 16, 2018 Nov 19, 2018 Dec 03, 2018
$0.8000 Q Regular Jul 11, 2018 Aug 20, 2018 Aug 21, 2018 Sep 04, 2018
$0.8000 Q Regular May 09, 2018 May 18, 2018 May 21, 2018 Jun 01, 2018
$0.7000 Q Regular Feb 07, 2018 Feb 16, 2018 Feb 20, 2018 Mar 01, 2018
$0.7000 Q Regular Oct 09, 2017 Nov 16, 2017 Nov 17, 2017 Dec 01, 2017
$0.7000 Q Regular Jul 12, 2017 Aug 16, 2017 Aug 18, 2017 Sep 01, 2017
$0.7000 Q Regular May 03, 2017 May 16, 2017 May 18, 2017 Jun 01, 2017
$0.6300 Q Regular Feb 08, 2017 Feb 16, 2017 Feb 21, 2017 Mar 01, 2017
$0.6300 Q Regular Oct 07, 2016 Nov 15, 2016 Nov 17, 2016 Dec 01, 2016
$0.6300 Q Regular Jul 13, 2016 Aug 16, 2016 Aug 18, 2016 Sep 01, 2016
$0.6300 Q Regular May 04, 2016 May 16, 2016 May 18, 2016 Jun 01, 2016
$0.5600 Q Regular Feb 03, 2016 Feb 11, 2016 Feb 16, 2016 Mar 01, 2016
$0.5600 Q Regular Oct 09, 2015 Nov 10, 2015 Nov 13, 2015 Dec 01, 2015
$0.5600 Q Regular Jul 09, 2015 Aug 13, 2015 Aug 17, 2015 Sep 01, 2015
$0.5600 Q Regular May 07, 2015 May 14, 2015 May 18, 2015 Jun 01, 2015
$0.5000 Q Regular Feb 04, 2015 Feb 12, 2015 Feb 17, 2015 Mar 02, 2015
$0.5000 Q Regular Oct 01, 2014 Nov 12, 2014 Nov 14, 2014 Dec 01, 2014
$0.5000 Q Regular Jul 09, 2014 Aug 13, 2014 Aug 15, 2014 Sep 02, 2014
$0.5000 Q Regular May 07, 2014 May 15, 2014 May 19, 2014 Jun 02, 2014
$0.3900 Q Regular Feb 07, 2014 Feb 13, 2014 Feb 18, 2014 Mar 03, 2014
$0.3900 Q Regular Oct 02, 2013 Nov 12, 2013 Nov 14, 2013 Dec 02, 2013
$0.3125 Q Regular Jul 10, 2013 Aug 14, 2013 Aug 16, 2013 Sep 03, 2013
$0.3125 Q Regular May 08, 2013 May 16, 2013 May 20, 2013 Jun 03, 2013
$0.3125 Q Regular Feb 12, 2013 Feb 19, 2013 Feb 21, 2013 Mar 01, 2013
$0.2500 Q Regular Oct 03, 2012 Oct 11, 2012 Oct 15, 2012 Dec 03, 2012
$0.2000 Q Regular Jul 11, 2012 Jul 19, 2012 Jul 23, 2012 Sep 04, 2012

Peer Comparison

Selected Oil & Gas Refining & Marketing dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
SUN Sunoco LP 5.31% 1.8% 3 yrs 68
VLO Valero Energy Corporation 1.25% 2.9% 3 yrs 67
JXHGF ENEOS Holdings, Inc. 3.02% -0.4% 2 yrs 67
MPC Marathon Petroleum Corporation 0.92% 10.0% 4 yrs 67

PSX dividend — frequently asked questions

Does Phillips 66 pay a dividend?

Yes. Phillips 66 (PSX) currently pays a dividend. The annualized dividend is about $5.32 per share, a yield of approximately 1.94%.

What is Phillips 66's dividend yield?

Phillips 66's dividend yield is approximately 1.94%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Phillips 66 pay dividends?

Phillips 66 pays dividends quarterly — 4 times per year.

When is Phillips 66's next ex-dividend date?

The next declared ex-dividend date for Phillips 66 is November 17, 2026. The associated payment is $1.3300 per share; you must own the shares before the ex-dividend date to receive it.

How long has Phillips 66 paid dividends?

Phillips 66 has 14 years of dividend payments on record, and has increased its dividend for 12 consecutive years.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.