Phillips 66 Dividend

Dividend criteria checks 5/6

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 yield15.1%
Next dividend pay date06 Dec 24
Ex dividend date14 Nov 24
Dividend per shareR$23.277
Earnings per shareR$8.02
Future Dividend Yield3.9%

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayOct 31 2024Ex Dividend DateNov 14 2024Dividend Pay DateDec 06 202422 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

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?
SegmentDividend 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.


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