Phillips 66 raises quarterly dividend to $1.33 per share
Refiner Phillips 66 lifted its quarterly payout by $0.06 per share. The $1.33 dividend is payable December 1, 2026, to holders of record on November 17.
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what happened
Phillips 66 declared a quarterly dividend of $1.33 per share, up $0.06 from the previous payment. According to TradingView, citing the company's press release distributed by BusinessWire, the payment is due on December 1, 2026, for shareholders recorded as of November 17, 2026.
TradingView also noted that this is the second dividend increase the company has made in 2026. Seeking Alpha reported the same decision, describing the rise as about 4.7 percent.
why it matters
For income-focused investors, a repeated dividend increase is typically read as a sign of confidence in cash generation. The record date determines who receives the payment, and trading around the ex-dividend date can affect the share price. Future moves will depend on cash flow results, buyback activity and guidance on payouts.
market impact
PSX shares: a higher payout supports interest from income investors in the refiner's stock.
tags
instruments
sources
- Phillips 66 (PSX) Hikes Quarterly Dividend to $1.33 — ru.tradingview.com, 16 October 2026 at 15:00 UTC
- Phillips 66 raises quarterly dividend by 4.7% to $1.33/share — seekingalpha.com, 16 October 2026 at 15:22 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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