Phillips 66 Dividends and Buybacks
Dividend criteria checks 4/6
Phillips 66 is a dividend paying company with a current yield of 4.53%. Next payment date is on 2nd June, 2025 with an ex-dividend date of 19th May, 2025.
Key information
4.5%
Dividend yield
5.7%
Buyback Yield
| Total Shareholder Yield | 10.3% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 7.9% |
| Next dividend pay date | 02 Jun 25 |
| Ex dividend date | 19 May 25 |
| Dividend per share | n/a |
| Payout ratio | 103% |
Recent dividend and buyback updates
Recent updates
With A 26% Price Drop For Phillips 66 (NYSE:PSX) You'll Still Get What You Pay For
Apr 09
room for higher margins
Apr 06Industry Position: Phillips 66 is a major player in the energy sector, particularly in refining, marketing, and transportation. Analysts often look at the company's ability to capitalize on operationaElliott Management Applies Pressure With Phillips 66 Board Fight
Mar 26Phillips 66: Ignore Elliott Management
Feb 25Phillips 66 Just Missed Earnings - But Analysts Have Updated Their Models
Feb 04Philips 66: Refining Hurts Q4, But Long-Term Value Remains
Feb 01Phillips 66 Makes An Intelligent Acquisition Of EPIC NGL
Jan 13Phillips 66: Bottom Fishing At The Bottom Of The Refining Cycle (Rating Upgrade)
Dec 25Phillips 66: Refiners Are 'Deer In The Headlights' Of Canadian Import Tariffs
Dec 07Phillips 66: 3.4% Yield, Consistent Dividend Growth, Cheap
Oct 24Phillips 66 Is Expanding Past Its Refining Roots
Oct 18Are Investors Undervaluing Phillips 66 (NYSE:PSX) By 44%?
Oct 17
Strategically Envisioning A Greener Future Through Innovative Energy Solutions And Financial Resilience
Sep 24 Transition to producing renewable fuels at the Rodeo Renewable Energy Complex aims to meet growing demand for environmentally friendly energy options.These 4 Measures Indicate That Phillips 66 (NYSE:PSX) Is Using Debt Extensively
Sep 16The Value Of Phillips 66's Midstream Assets Shine Bright In 2024
Aug 01Investors Aren't Buying Phillips 66's (NYSE:PSX) Earnings
Jul 26Phillips 66: Sell-Off Creates Opportunity, Given Likely Q2 Acceleration (Rating Upgrade)
Jul 12Returns On Capital At Phillips 66 (NYSE:PSX) Have Hit The Brakes
Jul 11Phillips 66 (NYSE:PSX) Shares Could Be 39% Below Their Intrinsic Value Estimate
Jun 06We Think Phillips 66 (NYSE:PSX) Can Stay On Top Of Its Debt
May 22Phillips 66: Turnaround Still Very Much A Work In Progress
Apr 29Phillips 66: Despite A Dividend Hike, Upside May Be Limited (Rating Downgrade)
Apr 04Phillips 66 Still Has Fuel To Move Higher
Mar 06The Turnaround Star - Why I See Over 40% Upside For Phillips 66
Feb 12Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PSX's dividends per share have been stable in the past 10 years.
Growing Dividend: PSX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Phillips 66 Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PSX) | 4.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast (PSX) (up to 3 years) | 4.7% |
Notable Dividend: PSX's dividend (4.53%) is higher than the bottom 25% of dividend payers in the US market (1.63%).
High Dividend: PSX's dividend (4.53%) is low compared to the top 25% of dividend payers in the US market (4.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.5%), PSX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.1%), PSX's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/29 11:28 |
| End of Day Share Price | 2025/04/29 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Phillips 66 is covered by 36 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Theresa Chen | Barclays |
| Yim Cheng | Barclays |