Phillips 66
S&P 500Last update: May 9, 2026 at 09:32
Dividend Safety Rating
PSX's dividend appears safe and well-supported. Strengths include a 48.1% earnings payout ratio & 28.3% cfo payout ratio. Areas of concern: 1648.7% fcf payout ratio & 0.6% operating margin. The dividend has been growing at a 5.70% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 48.1%Low earnings payout ratio leaves room to grow the dividend.
- CFO Payout Ratio: 28.3%Operating cash flow strongly supports the payout.
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
Risks
- FCF Payout Ratio: 1648.7%Free cash flow is tight relative to the dividend.
- Operating Margin: 0.6%Operating margin is thin and pressures the dividend.
- Gross Margin: 8.5%Gross margin is low and limits flexibility.
Payout & Coverage
SafeBalance Sheet
SafeProfitability
WarningDividend Track Record
SafeAbout 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
2.84%
Annual Dividend
$4.87
Frequency
Quarterly
Payout Ratio
48.12%
FCF Payout Ratio
1648.74%
Stock Price
$171.56
52-Week Range
$106.34 – $190.61
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
May 18, 2026
Next Payment Date
June 1, 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%
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Frequently Asked Questions
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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 Safety Rating, 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.