Phillips 66 Dividend
Dividend criteria checks 6/6
Phillips 66 is a dividend paying company with a current yield of 3.54% that is well covered by earnings.
Key information
3.5%
Dividend yield
36%
Payout ratio
| Industry average yield | 15.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$4.600 |
| Earnings per share | US$12.21 |
| Dividend yield forecast | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PSXD's dividends per share have been stable in the past 10 years.
Growing Dividend: PSXD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Phillips 66 Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PSXD) | 3.5% |
| Market Bottom 25% (AR) | 0.5% |
| Market Top 25% (AR) | 3.4% |
| Industry Average (Oil and Gas) | 15.9% |
| Analyst forecast (PSXD) (up to 3 years) | 3.7% |
Notable Dividend: PSXD's dividend (3.54%) is higher than the bottom 25% of dividend payers in the AR market (0.46%).
High Dividend: PSXD's dividend (3.54%) is in the top 25% of dividend payers in the AR market (3.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), PSXD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.3%), PSXD's dividend payments are well covered by cash flows.