Phillips 66 is a dividend paying company with a current yield of 3.77% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
3.8%
Dividend yield
53%
Payout ratio
Industry average yield
15.1%
Next dividend pay date
06 Dec 24
Ex dividend date
14 Nov 24
Dividend per share
R$23.277
Earnings per share
R$8.02
Future Dividend Yield
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: P1SX34's dividends per share have been stable in the past 10 years.
Growing Dividend: P1SX34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Phillips 66 Dividend Yield vs Market
How does P1SX34 dividend yield compare to the market?
Segment
Dividend Yield
Company (P1SX34)
3.8%
Market Bottom 25% (BR)
2.8%
Market Top 25% (BR)
9.6%
Industry Average (Oil and Gas)
15.1%
Analyst forecast (P1SX34) (up to 3 years)
3.9%
Notable Dividend: P1SX34's dividend (3.77%) is higher than the bottom 25% of dividend payers in the BR market (2.84%).
High Dividend: P1SX34's dividend (3.77%) is low compared to the top 25% of dividend payers in the BR market (9.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), P1SX34's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.6%), P1SX34's dividend payments are covered by cash flows.