Phillips 66 (PSX) increases dividend by 5.4% in 2022 Dividendhike.com | Dividend News and Statistics for US Equities

Headlines

PSX - Phillips 66 hikes dividend by 9.5% AOS - A.O. Smith hikes dividend by 6.7% to $0.32 quarterly per share LMT - Lockheed Martin hikes dividend by 5% to $3.15 quarterly per share MCD - McDonald's hikes dividend by 9.9% to $1.67 quarterly per share AFG - American Financial Group hikes dividend by 12.7% to $0.71 quarterly HON - Honeywell hikes dividend by 4.9% to $1.08 quarterly per share HWM - Howmet Aerospace hikes dividend by 25% to $0.05 quarterly per share CNP - Centerpoint Energy hikes dividend by 5.3% to $0.20 quarterly per share FE - FirstEnergy Corp hikes dividend by 5.1% to $0.41 quarterly per share TXN - Texas Instruments hikes dividend by 4.8% to $1.30 quarterly per share SBUX - Starbucks hikes dividend by 7.5% to $0.57 quarterly per share MSFT - Microsoft hikes dividend by 10.3% to $0.75 quarterly per share KDP - Keurig Dr Pepper hikes dividend by 7.5% to $0.215 quarterly per share O - Realty Income hikes monthly dividend by 0.2% to $0.256 per share EG - Everest Group hikes dividend by 6.1% to $1.75 quarterly per share

Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Phillips 66 As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Phillips 66 As of October 10, 2023	PSX	$4.20	8.2%	5.4%	2.2%
Midstream & Refining	3.7%	11	5.6%	Quarter	2012

Phillips 66 hikes dividend by 5.4%

Wednesday 11 May 2022

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.

Phillips 66

Energy

Dividend Calendar