Phillips 66 As of June 21, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
PSX $3.88 5.4% 2.2% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Midstream & Refining 4.0% 10 6.7% Quarter 2012

Phillips 66 (PSX) will raise its quarterly dividend by 5.4 percent to 97 cents per share in 2022. This follows a dividend hike of  2.2 percent to $0.92 per share in 2021 and marks 10 straight years of dividend growth for PSX.

The next PSX dividend is payable on June 1, 2022, to shareholders of record as of the close of business on May 23, 2022. The new annual rate of $3.88 per share yields 4.0% at a stock price of $97.

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses. The company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners (PSXP), the company's master limited partnership, is an integral asset in the portfolio. Headquartered in Houston, the company has been paying a dividend to shareholders every year since at least 2012.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Jul 05 CSCO 3.4% 2.7%
Jul 05 CMCSA 2.8% 8.0%
Jul 05 DGX 2.0% 6.5%
Jul 05 GPS 6.8% 25.0%
Jul 05 JPM 3.5% 0.0%
Jul 06 CPB 3.1% 0.0%
Jul 06 SRE 3.2% 4.1%
Jul 07 ROP 0.6% 0.0%
Jul 07 MA 0.6% 0.0%
Jul 07 NTAP 3.1% 0.0%