PSX Dividend History & Analysis | 2.9% Yield

PSX has a dividend yield of 2.9% and paid 5.01 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.94%
Payout Ratio 33.7%
Growth Rate CAGR 5y 7.2%
Consistency Lifetime 100%
Yield on Cost 5y 8.6%
Payout FCF 31%
Streak Years 5
Dividend Rating 66.8%
Chowder Number yield + growth 10.2% below 15% target for healthy growth
Yield vs Average 5y -15.4% avg 3.48% vs now 2.94%
Debt / EBITDA leverage 1.3x healthy
Income per 10k invested 294 USD per year
Dividends Cash Amount per Share Yearly PSX annual dividends paid per share, showing the total cash Phillips 66 distributed to shareholders each year.
Dividend Growth Year over Year PSX year-over-year dividend growth rate, showing how Phillips 66's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History PSX dividend yield history versus share price over the past 5 years, showing how Phillips 66's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Oil & Gas Refining & Marketing

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
RUI PA
Rubis SCA
4,020 M 6.13% 9.20%
REPX NYSE MKT
Riley Exploration Permian
831 M 5.27% 9.31%
PBF NYSE
PBF Energy
8,449 M 2.56% 12.79%
SUNC NYSE
SunocoCorp
3,953 M 4.67% 6.16%
PSX NYSE
Phillips 66
96,148 M 2.94% 8.63%
DINO NYSE
HF Sinclair
17,727 M 3.22% 7.82%
VLO NYSE
Valero Energy
101,454 M 2.10% 8.53%
DK NYSE
Delek US Energy
4,424 M 2.21% 7.21%
MPC NYSE
Marathon Petroleum
106,131 M 1.67% 7.68%
CVI NYSE
CVR Energy
4,198 M 2.07% 5.95%
Top 8 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
SUNC NYSE
SunocoCorp
3,953 M 15.64% 100.0%
MPC NYSE
Marathon Petroleum
106,131 M 13.01% 100.0%
PBF NYSE
PBF Energy
8,449 M 10.86% 100.0%
PSX NYSE
Phillips 66
96,148 M 7.24% 100.0%
REPX NYSE MKT
Riley Exploration Permian
831 M 6.28% 100.0%
VLO NYSE
Valero Energy
101,454 M 4.98% 100.0%
DINO NYSE
HF Sinclair
17,727 M 5.70% 99.0%
DK NYSE
Delek US Energy
4,424 M 5.71% 100.0%

PSX Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb 0.91% 100
Mar - -
Apr - -
May 0.92% 100
Jun - -
Jul - -
Aug 0.88% 100
Sep - -
Oct - -
Nov 0.95% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of September 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-08-18 2026-08-18 2026-09-01 Quarterly 1.27 0% 0.53%
2026-05-18 2026-05-18 2026-06-01 Quarterly 1.27 0% 0.73%
2026-02-23 2026-02-23 2026-03-04 Quarterly 1.27 +5.8% 0.82%
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 0% 1.18%

PSX Dividend FAQ

What is the Dividend Yield of PSX?

As of September 2026, PSX's dividend yield is 2.94%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.01 USD by the current share price of 252.02.

Does PSX pay a dividend?

As of September 2026, PSX paid a dividend of 5.01 USD in the last 12 months. The last dividend was paid on 2026-08-18 and the payout was 1.27 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 2026-08-18.

PSX dividend forecast

Based on historical data, the forecasted dividends per share for PSX for the next payments are between 1.279 (+0.7%) and 1.358 (+6.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.09%.

Will PSX pay dividends in 2026?

The latest dividend paid per share was 1.27 USD with an Ex-Dividend Date of 2026-08-18. 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 7.24% 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 8.63%. If you bought PSX's shares at 58.06 USD five years ago, your current annual dividend income (5.01 USD per share, trailing 12 months) equals 8.63% 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 2.94% 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 33.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of PSX?

PSX's Overall Dividend Rating is 66.82%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PSX Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in PSX's Outstanding Shares?

Phillips 66's outstanding shares have decreased by approximately 3.07% annually over the past 3 years (Trend Reliability: -95.5%). 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 0%
2011 640,000,000 0%
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 405,146,000 -3.26%
2026 402,618,000 -0.62%

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: 2026-09-02 02:37 UTC