Phillips 66 (PSX) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 6 years of historical data, PSX has returned more capital to shareholders through its dividend issuances than 92.3% of other dividend-paying US stocks.
- PSX has an EBITDA to net debt ratio of -0.11; for context, that's better than 4.22% stocks in our set.
- PSX is producing more trailing twelve month cash flow than 6.99% of US dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PSX that may be suitable potential portfolio mates: PEGA, BBY, JKHY, GHG and ATRI.
PSX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $120.01 | $412.72 | 414.17% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of PSX, the DDM model, as implemented by StockNews, implies a positive return of 414.17% relative to its current price. Digging deeper, the aspects of Phillips 66's dividend discount model that we found most interesting were:
- In comparison to stocks we observe that provide shareholders with a dividend, Phillips 66 produces a dividend yield 4.58% -- which falls in the top 16.41%.
- Regarding its relative worth based on the dividend discount model, PSX's provides a return of 414.17% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 84.46% of all stocks we measured with our dividend discount model.
PSX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-20 | Dividend | $1.15 | -- |
| 2024-05-17 | Dividend | $1.15 | +9.52% |
| 2024-02-16 | Dividend | $1.05 | -- |
| 2023-11-16 | Dividend | $1.05 | -- |
| 2023-08-17 | Dividend | $1.05 | -- |
| 2023-05-19 | Dividend | $1.05 | -- |
| 2023-02-17 | Dividend | $1.05 | +8.25% |
| 2022-11-16 | Dividend | $0.97 | -- |
| 2022-08-17 | Dividend | $0.97 | -- |
| 2022-05-20 | Dividend | $0.97 | +5.43% |
| 2022-02-18 | Dividend | $0.92 | -- |
| 2021-11-16 | Dividend | $0.92 | +2.22% |
| 2021-08-17 | Dividend | $0.90 | -- |
| 2021-05-21 | Dividend | $0.90 | -- |
| 2021-02-19 | Dividend | $0.90 | -- |
| 2020-11-16 | Dividend | $0.90 | -- |
| 2020-08-17 | Dividend | $0.90 | -- |
| 2020-05-15 | Dividend | $0.90 | -- |
| 2020-02-14 | Dividend | $0.90 | -- |
| 2019-11-15 | Dividend | $0.90 | -- |
| 2019-08-19 | Dividend | $0.90 | -- |
| 2019-05-17 | Dividend | $0.90 | +12.50% |
| 2019-02-15 | Dividend | $0.80 | -- |
| 2018-11-16 | Dividend | $0.80 | -- |
| 2018-08-20 | Dividend | $0.80 | -- |
| 2018-05-18 | Dividend | $0.80 | +14.29% |
| 2018-02-16 | Dividend | $0.70 | -- |
| 2017-11-16 | Dividend | $0.70 | -- |
| 2017-08-16 | Dividend | $0.70 | -- |
| 2017-05-16 | Dividend | $0.70 | +11.11% |
| 2017-02-16 | Dividend | $0.63 | -- |
| 2016-11-15 | Dividend | $0.63 | -- |
| 2016-08-16 | Dividend | $0.63 | -- |
| 2016-05-16 | Dividend | $0.63 | +12.50% |
| 2016-02-11 | Dividend | $0.56 | -- |
| 2015-11-10 | Dividend | $0.56 | -- |
| 2015-08-13 | Dividend | $0.56 | -- |
| 2015-05-14 | Dividend | $0.56 | +12.00% |
| 2015-02-12 | Dividend | $0.50 | -- |
| 2014-11-12 | Dividend | $0.50 | -- |
| 2014-08-13 | Dividend | $0.50 | -- |
| 2014-05-15 | Dividend | $0.50 | +28.21% |
| 2014-02-13 | Dividend | $0.39 | -- |
| 2013-11-12 | Dividend | $0.39 | +24.80% |
| 2013-08-14 | Dividend | $0.31 | -- |
| 2013-05-16 | Dividend | $0.31 | -- |
| 2013-02-19 | Dividend | $0.31 | +25.00% |
| 2012-10-11 | Dividend | $0.25 | +25.00% |
| 2012-07-19 | Dividend | $0.20 | -- |
PSX Dividends vs. Peers
PSX's dividend yield currently ranks #68 of 178 vs. its peers in the Energy - Oil & Gas category.
Looking for More Information on PSX dividends?
Here are a few links from around the web to help you further your research on Phillips 66 and its dividends:Phillips 66 Common Stock (PSX) Dividend History | Nasdaq
Dividend History for Phillips 66 (PSX) - Dividend Investor
Phillips 66 (PSX) Dividend History - Seeking Alpha