PSX Dividend History & Analysis | 3.7% Yield

PSX has a dividend yield of 3.7% and paid 4.75 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.74%
Payout Ratio 123.4%
Growth Rate CAGR 5y 7.03%
Consistency Lifetime 100.0%
Yield on Cost 5y 7.62%
Payout FCF 65.9%
Streak Years 14
Dividend Rating 70.22%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Oil & Gas Refining & Marketing

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
RUI 4,139 M 7.45% 7.51%
PBF 3,876 M 4.43% 11.7%
REPX 618 M 5.87% 6.82%
DINO 9,702 M 4.93% 7.33%
DK 1,740 M 5.02% 5.38%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
PBF 3,876 M 76.5% 78.6%
DINO 9,702 M 54.6% 84.6%
DK 1,740 M 18.7% 81.1%
REPX 618 M 15.4% 100%
MPC 58,867 M 12.6% 99.7%

Quality Dividend Peers in Oil & Gas Refining & Marketing

MPC
RUI
Rubis SCA
7.45% Yield

PSX Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-11-17 2025-11-17 2025-12-01 Quarterly 1.2 0% 0.85%
2025-08-19 2025-08-19 2025-09-02 Quarterly 1.2 0% 0.99%
2025-05-19 2025-05-19 2025-06-02 Quarterly 1.2 4.3% 0.98%
2025-02-24 2025-02-24 2025-03-05 Quarterly 1.15 0% 0.9%
2024-11-18 2024-11-18 2024-12-02 Quarterly 1.15 0% 0.88%
2024-08-20 2024-08-20 2024-09-03 Quarterly 1.15 0% 0.83%
2024-05-17 2024-05-20 2024-06-03 Quarterly 1.15 9.5% 0.79%
2024-02-16 2024-02-20 2024-03-01 Quarterly 1.05 0% 0.72%
2023-11-16 2023-11-17 2023-12-01 Quarterly 1.05 0% 0.93%
2023-08-17 2023-08-18 2023-09-01 Quarterly 1.05 0% 0.92%
2023-05-19 2023-05-22 2023-06-01 Quarterly 1.05 0% 1.1%
2023-02-17 2023-02-21 2023-03-01 Quarterly 1.05 8.2% 1.03%
2022-11-16 2022-11-17 2022-12-01 Quarterly 0.97 0% 0.89%
2022-08-17 2022-08-18 2022-09-01 Quarterly 0.97 0% 1.11%
2022-05-20 2022-05-23 2022-06-01 Quarterly 0.97 5.4% 1.02%
2022-02-18 2022-02-22 2022-03-01 Quarterly 0.92 0% 1.08%
2021-11-16 2021-11-17 2021-12-01 Quarterly 0.92 2.2% 1.18%
2021-08-17 2021-08-18 2021-09-01 Quarterly 0.9 0% 1.28%
2021-05-21 2021-05-24 2021-06-01 Quarterly 0.9 0% 1.06%
2021-02-19 2021-02-22 2021-03-01 Quarterly 0.9 0% 1.13%
2020-11-16 2020-11-17 2020-12-01 Quarterly 0.9 0% N/A
2020-08-17 2020-08-18 2020-09-01 Quarterly 0.9 0% N/A
2020-05-15 2020-05-18 2020-06-01 Quarterly 0.9 0% N/A
2020-02-14 2020-02-18 2020-03-02 Quarterly 0.9 0% N/A
2019-11-15 2019-11-18 2019-12-02 Quarterly 0.9 0% N/A
2019-08-19 2019-08-20 2019-09-03 Quarterly 0.9 0% N/A
2019-05-17 2019-05-20 2019-06-03 Quarterly 0.9 12.5% N/A
2019-02-15 2019-02-19 2019-03-01 Quarterly 0.8 0% N/A
2018-11-16 2018-11-19 2018-12-03 Quarterly 0.8 0% N/A
2018-08-20 2018-08-21 2018-09-04 Quarterly 0.8 0% N/A
2018-05-18 2018-05-21 2018-06-01 Quarterly 0.8 14.3% N/A
2018-02-16 2018-02-20 2018-03-01 Quarterly 0.7 0% N/A
2017-11-16 2017-11-17 2017-12-01 Quarterly 0.7 0% N/A
2017-08-16 2017-08-18 2017-09-01 Quarterly 0.7 0% N/A
2017-05-16 2017-05-18 2017-06-01 Quarterly 0.7 11.1% N/A
2017-02-16 2017-02-21 2017-03-01 Quarterly 0.63 0% N/A
2016-11-15 2016-11-17 2016-12-01 Quarterly 0.63 0% N/A
2016-08-16 2016-08-18 2016-09-01 Quarterly 0.63 0% N/A
2016-05-16 2016-05-18 2016-06-01 Quarterly 0.63 12.5% N/A
2016-02-11 2016-02-16 2016-03-01 Quarterly 0.56 0% N/A
2015-11-10 2015-11-13 2015-12-01 Quarterly 0.56 0% N/A
2015-08-13 2015-08-17 2015-09-01 Quarterly 0.56 0% N/A
2015-05-14 2015-05-18 2015-06-01 Quarterly 0.56 12% N/A
2015-02-12 2015-02-17 2015-03-02 Quarterly 0.5 0% N/A
2014-11-12 2014-11-14 2014-12-01 Quarterly 0.5 0% N/A
2014-08-13 2014-08-15 2014-09-02 Quarterly 0.5 0% N/A
2014-05-15 2014-05-19 2014-06-02 Quarterly 0.5 28.2% N/A
2014-02-13 2014-02-18 2014-03-03 Quarterly 0.39 0% N/A
2013-11-12 2013-11-14 2013-12-02 Quarterly 0.39 24.6% N/A
2013-08-14 2013-08-16 2013-09-03 Quarterly 0.313 0% N/A

PSX Dividend FAQ

Phillips 66 (NYSE: PSX) is an integrated downstream energy company operating in the United States, United Kingdom, Germany and other international markets. Its business is organized into five segments: Midstream (transport, storage and processing of crude, refined products, natural gas and NGLs, plus LPG exports); Chemicals (production of ethylene, olefins, aromatics, styrenics and specialty chemicals); Refining (conversion of crude and other feedstocks into gasoline, distillates and aviation fuel); Marketing & Specialties (wholesale of refined products and manufacture of lubricants, base oils and other specialty products); and Renewable Fuels (processing of renewable feedstocks into renewable diesel, jet fuel and other sustainable fuels, plus management of regulatory credits). The company markets its output under the Phillips 66, Conoco, 76, JET, Kendall, Red Line and various private-label brands.

What is the Dividend Yield of PSX?

As of February 2026, PSX`s dividend yield is 3.74%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.75 USD by the current share price of 157.80.

Does PSX pay a dividend?

As of February 2026, PSX paid a dividend of 4.75 USD in the last 12 months. The last dividend was paid on 2025-11-17 and the payout was 1.2 USD.

How often does PSX pay dividends?

PSX pays dividends quarterly. Over the last 12 months, PSX has issued 4 dividend payments. The last dividend payment was made on 2025-11-17.

PSX dividend forecast

Based on historical data, the forecasted dividends per share for PSX for the next 4 payments are between 1.212 (+1.0%) and 1.279 (+6.6%).
This suggests the dividend will remain relatively stable.

Will PSX pay dividends in 2026?

The latest dividend paid per share was 1.2 USD with an Ex-Dividend Date of 2025-11-17. The next Ex-Dividend date for Phillips 66 (PSX) is currently unknown.

What is the next Ex-Dividend Date for PSX?

The next Ex-Dividend date for Phillips 66 (PSX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PSX?

PSX's average dividend growth rate over the past 5 years is 7.03% per year.
Strong growth: PSX's Dividend growth is outpacing inflation.

What is the Yield on Cost of PSX?

PSX's 5-Year Yield on Cost is 7.62%. If you bought PSX's shares at 62.34 USD five years ago, your current annual dividend income (4.75 USD per share, trailing 12 months) equals 7.62% of your original purchase price.

What is the Payout Consistency of PSX?

PSX Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Phillips 66 has a strong track record of consistent dividend payments over its lifetime.

Does PSX have a good Dividend Yield?

PSX`s 3.74% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of PSX?

The Dividend Payout Ratio of PSX is 123.4%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of PSX?

PSX`s Overall Dividend Rating is 70.22%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PSX Outstanding Shares Analysis

What is the Trend in PSX's Outstanding Shares?

Phillips 66's outstanding shares have decreased by approximately 4.06% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has PSX ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2010 640,000,000
2011 640,000,000
2012 635,634,000 -0.68%
2013 604,165,000 -4.95%
2014 559,023,000 -7.47%
2015 540,245,000 -3.36%
2016 526,279,000 -2.59%
2017 511,352,000 -2.84%
2018 464,406,000 -9.18%
2019 447,835,000 -3.57%
2020 439,115,000 -1.95%
2021 441,584,000 +0.56%
2022 474,327,000 +7.41%
2023 440,575,000 -7.12%
2024 418,803,000 -4.94%
2025 405,549,000 -3.16%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-04 02:38