Phillips 66

NYSE : PSX
USA·Energy·Oil & Gas
$293.17
+1.22 (+0.54%)Oct 16 close
Market Cap
$117.49B
Enterprise Value
$135.15B
P/E (TTM)
16.70
P/B
3.72
Net Cash / (Debt)
−$16.47B
52-Week Range
$128 — $297
5-Year Range
$69 — $297
Avg Volume (3M)
2.60M
ListingsNYSEFRALTSMEX
Dividend Yield (TTM)
1.71%
vs 5Y avg 3.56% · 10Y avg 3.69%
Dividend Yield (Forward)
1.73%
4 payments/yr (spacing)
Dividends / Share (TTM)
$5.01
Forward (annualized): $5.08
Payout Ratio (EPS, TTM)
28.1%
Payout Ratio (FCF, TTM)
31.2%
Dividend CAGR (3Y / 5Y / 10Y)
3Y7.4%5Y5.7%10Y8.1%
Consecutive Growth Years
13
as of 2025
Years Without a Cut
13
as of 2025
Total Shareholder Yield (TTM)
3.32%
Div 2.20% + Net buyback 1.12%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
3.3%
Dividends 2.2% + Net buybacks 1.1%
Net Buyback (TTM)
$1.01B
Gross $1.19B − Issuance $183M
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is decelerating (5.6% latest vs 7.5% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20254.75+5.6%1
20244.50+7.1%1
20234.20+9.7%1
20223.83+5.8%1
20213.62+0.6%1
20203.60+2.9%0
20193.50+12.9%1
20183.10+13.6%1
20172.73+11.4%1
20162.45+12.4%1
20152.18+15.3%1
20141.89+42.4%1
20131.33+195.0%2
20120.45—1

Special dividends are excluded from these figures. Based on 57 regular payments.

Payment history (57 payments)

Δ%TypeFrequencyDeclarationRecordPay date
2026-08-18$1.270.0%Cashquarterly2026-07-092026-08-182026-09-01
2026-05-18$1.270.0%Cashquarterly2026-04-172026-05-182026-06-01
2026-02-23$1.27+5.8%Cashquarterly2026-02-112026-02-232026-03-04
2025-11-17$1.20.0%Cashquarterly2025-10-082025-11-172025-12-01
2025-08-19$1.20.0%Cashquarterly2025-07-102025-08-192025-09-02
2025-05-19$1.2+4.3%Cashquarterly2025-04-212025-05-192025-06-02
2025-02-24$1.150.0%Cashquarterly2025-02-122025-02-242025-03-05
2024-11-18$1.150.0%Cashquarterly2024-10-112024-11-182024-12-02
2024-08-20$1.150.0%Cashquarterly2024-07-102024-08-202024-09-03
2024-05-17$1.15+9.5%Cashquarterly2024-04-032024-05-202024-06-03
2024-02-16$1.050.0%Cashquarterly2024-02-072024-02-202024-03-01
2023-11-16$1.050.0%Cashquarterly2023-10-062023-11-172023-12-01
2023-08-17$1.050.0%Cashquarterly2023-07-122023-08-182023-09-01
2023-05-19$1.050.0%Cashquarterly2023-05-102023-05-222023-06-01
2023-02-17$1.05+8.2%Cashquarterly2023-02-082023-02-212023-03-01
2022-11-16$0.970.0%Cashquarterly2022-10-072022-11-172022-12-01
2022-08-17$0.970.0%Cashquarterly2022-07-122022-08-182022-09-01
2022-05-20$0.97+5.4%Cashquarterly2022-05-102022-05-232022-06-01
2022-02-18$0.920.0%Cashquarterly2022-02-092022-02-222022-03-01
2021-11-16$0.92+2.2%Cashquarterly2021-10-082021-11-172021-12-01
2021-08-17$0.90.0%Cashquarterly2021-07-142021-08-182021-09-01
2021-05-21$0.90.0%Cashquarterly2021-05-122021-05-242021-06-01
2021-02-19$0.90.0%Cashquarterly2021-02-102021-02-222021-03-01
2020-11-16$0.90.0%Cashquarterly2020-10-122020-11-172020-12-01
2020-08-17$0.90.0%Cashquarterly2020-07-082020-08-182020-09-01
2020-05-15$0.90.0%Cashquarterly2020-05-062020-05-182020-06-01
2020-02-14$0.90.0%Cashquarterly2020-02-052020-02-182020-03-02
2019-11-15$0.90.0%Cashquarterly2019-10-042019-11-182019-12-02
2019-08-19$0.90.0%Cashquarterly2019-07-102019-08-202019-09-03
2019-05-17$0.9+12.5%Cashquarterly2019-05-082019-05-202019-06-03
2019-02-15$0.80.0%Cashquarterly2019-02-062019-02-192019-03-01
2018-11-16$0.80.0%Cashquarterly2018-10-052018-11-192018-12-03
2018-08-20$0.80.0%Cashquarterly2018-07-122018-08-212018-09-04
2018-05-18$0.8+14.3%Cashquarterly2018-05-092018-05-212018-06-01
2018-02-16$0.70.0%Cashquarterly2018-02-072018-02-202018-03-01
2017-11-16$0.70.0%Cashquarterly2017-10-092017-11-172017-12-01
2017-08-16$0.70.0%Cashquarterly2017-07-122017-08-182017-09-01
2017-05-16$0.7+11.1%Cashquarterly2017-05-032017-05-182017-06-01
2017-02-16$0.630.0%Cashquarterly2017-02-082017-02-212017-03-01
2016-11-15$0.630.0%Cashquarterly2016-10-072016-11-172016-12-01
2016-08-16$0.630.0%Cashquarterly2016-07-132016-08-182016-09-01
2016-05-16$0.63+12.5%Cashquarterly2016-05-052016-05-182016-06-01
2016-02-11$0.560.0%Cashquarterly2016-02-032016-02-162016-03-01
2015-11-10$0.560.0%Cashquarterly2015-10-092015-11-132015-12-01
2015-08-13$0.560.0%Cashquarterly2015-07-082015-08-172015-09-01
2015-05-14$0.56+12.0%Cashquarterly2015-05-062015-05-182015-06-01
2015-02-12$0.50.0%Cashquarterly2015-02-022015-02-172015-03-02
2014-11-12$0.50.0%Cashquarterly2014-10-012014-11-142014-12-01
2014-08-13$0.50.0%Cashquarterly2014-07-092014-08-152014-09-02
2014-05-15$0.5+28.2%Cashquarterly2014-05-072014-05-192014-06-02
2014-02-13$0.390.0%Cashquarterly2014-02-072014-02-182014-03-03
2013-11-12$0.39+24.8%Cashquarterly2013-10-022013-11-142013-12-02
2013-08-14$0.31250.0%Cashquarterly2013-07-102013-08-162013-09-03
2013-05-16$0.31250.0%Cashquarterly2013-05-082013-05-202013-06-03
2013-02-19$0.3125+25.0%Cashquarterly2013-02-112013-02-212013-03-01
2012-10-11$0.25+25.0%Cashquarterly2012-10-042012-10-152012-12-03
2012-07-19$0.2–Cashquarterly2012-07-122012-07-232012-09-04
No splits on record.