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PSX

Phillips 66

S&P 500
PSX|Energy|Oil & Gas Refining & Marketing|$184.12|P/E 16.0|MCap 69.5B|NYSE

Last update: Mar 25, 2026 at 04:53

About Phillips 66

Phillips 66 operates as an energy manufacturing and logistics company across the United States, the United Kingdom, Germany, and other international markets. It functions through five key segments: Midstream, which transports crude oil and feedstocks, delivers refined petroleum products, and provides terminaling, storage, natural gas gathering, processing, and marketing services; Chemicals; Refining; Marketing and Specialties; and Renewable Fuels. The company processes and fractionates natural gas liquids, produces and markets commodity and specialty chemicals, lubricants, and other products, while also engaging in renewable fuel production. Phillips 66 plays a vital role in the downstream energy sector by integrating manufacturing, logistics, and marketing to supply refined products, fuels, and chemicals to industrial, commercial, and consumer markets worldwide. Founded in 2012 and headquartered in Houston, Texas, Phillips 66 maintains a diversified portfolio that supports reliable energy delivery through its complex operations in refining, midstream infrastructure, and emerging renewable initiatives.

Dividend Overview

Dividend Yield

2.81%

Annual Dividend

$4.87

Frequency

Quarterly

Payout Ratio

44.02%

FCF Payout Ratio

70.43%

Stock Price

$184.12

52-Week Range

$91.01 $185.37

Dividend Health Score

68/ 100Safe

PSX's dividend appears safe and well-supported. Strengths include a 44.0% earnings payout ratio & 28.3% cfo payout ratio. Areas of concern: 2.8% operating margin & 12.2% gross margin. The dividend has been growing at a 5.70% 5-year CAGR.

Based on 15 of 15 metrics

Payout & Coverage

Safe
Earnings Payout Ratio
44.0%Very Safe
FCF Payout Ratio
70.4%Caution
CFO Payout Ratio
28.3%Very Safe
Interest Coverage
6.0xSafe

Balance Sheet

Safe
Net Debt / Total Assets
25.2%Safe
Current Ratio
1.3xCaution
Debt-to-Equity
71.4Safe

Profitability

Caution
Return on Equity
15.4%Safe
Operating Margin
2.8%Warning
Gross Margin
12.2%Warning
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
5.7%Safe
Earnings Stability
VolatileWarning

Dividend History (2016–2025)

PSX annual dividend per share and yield history

Earnings & Profitability

PSX earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

February 23, 2026

Next Payment Date

March 4, 2026

Dividend Growth

3-Year Dividend CAGR

7.44%

5-Year Dividend CAGR

5.70%

10-Year Dividend CAGR

8.10%

3-Year Total Growth

24.02%

5-Year Total Growth

31.94%

10-Year Total Growth

117.89%

Income Calculator

PSX Dividend Calculator

Total Investment

$18,412.00

Annual Income

$487.00

Quarterly Income

$121.75

Monthly Income

$40.58

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Frequently Asked Questions

What is PSX's current dividend yield?
Phillips 66 (PSX) currently has a dividend yield of 2.81%, based on a stock price of $184.12 and an annual dividend of $4.87.
When is PSX's next dividend payment date?
PSX's next ex-dividend date is 2026-02-23 and the next payment date is 2026-03-04. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does PSX pay in dividends per year?
Phillips 66 paid $4.75 per share in annual dividends in 2025. The dividends are paid quarterly.
Has PSX been increasing its dividend?
Phillips 66 has grown its dividend at a 5-year CAGR of 5.70% and a 10-year CAGR of 8.10%.
Is PSX's dividend safe?
Phillips 66 has a payout ratio of 44.02%. Its free cash flow payout ratio is 70.43%. A payout ratio below 60% is generally considered sustainable.
How is PSX's Dividend Health Score calculated?
The Dividend Health Score evaluates Phillips 66's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for energy companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.