Phillips 66 (PSX) Dividend History

NYSE: PSXYield, payment dates, growth and payout ratio.

PSX latest dividend

$1.27last dividend per share
Ex-dividend dateAug 18Tuesday, 2026
Payment dateSep 1Tuesday, 2026

The next dividend has not been announced yet.

  • 12 yearsof dividend increases
  • 2012paying since
  • Quarterly4 payments a year
  • +5.7%5-year growth a year
  • 1.81%forward yield

PSX dividend income calculator

Dividend income a year
$532
Each payment
$133
Value of the shares
$29,317
Dividend yield
1.81%

At the latest close; forward annual dividend $5.32 per share, before tax.

PSX dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

PSX dividend safety

Payout ratio (earnings)33.7%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)70.4%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+5.7%
Growing · a year on average
Years of increases12
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

PSX yield on cost

Phillips 66 yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$129.274.12%$5.013.9%
3 years ago$116.254.58%$14.1112.1%
5 years ago$80.876.58%$22.0127.2%
10 years ago$79.596.68%$38.2748.1%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

PSX dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

PSX dividends by year

Phillips 66 dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$4.75+5.6%3.68%4
2024$4.50+7.1%3.95%4
2023$4.20+9.7%3.15%4
2022$3.83+5.8%3.68%4
2021$3.62+0.6%5.00%4
2020$3.60+2.9%5.15%4
2019$3.50+12.9%3.14%4
2018$3.10+13.6%3.60%4
2017$2.73+11.4%2.70%4
2016$2.45+12.4%2.84%4
2015$2.18+15.3%2.67%4
2014$1.89+42.2%2.64%4
2013$1.33—1.72%4
2012$0.45—0.85%2

PSX dividend history

57 payments
Phillips 66 dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-182026-09-01$1.27—Quarterly
2026-05-182026-06-01$1.27—Quarterly
2026-02-232026-03-04$1.27+5.8%Quarterly
2025-11-172025-12-01$1.20—Quarterly
2025-08-192025-09-02$1.20—Quarterly
2025-05-192025-06-02$1.20+4.3%Quarterly
2025-02-242025-03-05$1.15—Quarterly
2024-11-182024-12-02$1.15—Quarterly
2024-08-202024-09-03$1.15—Quarterly
2024-05-172024-06-03$1.15+9.5%Quarterly
2024-02-162024-03-01$1.05—Quarterly
2023-11-162023-12-01$1.05—Quarterly
2023-08-172023-09-01$1.05—Quarterly
2023-05-192023-06-01$1.05—Quarterly
2023-02-172023-03-01$1.05+8.2%Quarterly
2022-11-162022-12-01$0.97—Quarterly
Show all 57 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-172022-09-01$0.97—Quarterly
2022-05-202022-06-01$0.97+5.4%Quarterly
2022-02-182022-03-01$0.92—Quarterly
2021-11-162021-12-01$0.92+2.2%Quarterly
2021-08-172021-09-01$0.9—Quarterly
2021-05-212021-06-01$0.9—Quarterly
2021-02-192021-03-01$0.9—Quarterly
2020-11-162020-12-01$0.9—Quarterly
2020-08-172020-09-01$0.9—Quarterly
2020-05-152020-06-01$0.9—Quarterly
2020-02-142020-03-02$0.9—Quarterly
2019-11-152019-12-02$0.9—Quarterly
2019-08-192019-09-03$0.9—Quarterly
2019-05-172019-06-03$0.9+12.5%Quarterly
2019-02-152019-03-01$0.8—Quarterly
2018-11-162018-12-03$0.8—Quarterly
2018-08-202018-09-04$0.8—Quarterly
2018-05-182018-06-01$0.8+14.3%Quarterly
2018-02-162018-03-01$0.7—Quarterly
2017-11-162017-12-01$0.7—Quarterly
2017-08-162017-09-01$0.7—Quarterly
2017-05-162017-06-01$0.7+11.1%Quarterly
2017-02-162017-03-01$0.63—Quarterly
2016-11-152016-12-01$0.63—Quarterly
2016-08-162016-09-01$0.63—Quarterly
2016-05-162016-06-01$0.63+12.5%Quarterly
2016-02-112016-03-01$0.56—Quarterly
2015-11-102015-12-01$0.56—Quarterly
2015-08-132015-09-01$0.56—Quarterly
2015-05-142015-06-01$0.56+12.0%Quarterly
2015-02-122015-03-02$0.5—Quarterly
2014-11-122014-12-01$0.5—Quarterly
2014-08-132014-09-02$0.5—Quarterly
2014-05-152014-06-02$0.5+28.2%Quarterly
2014-02-132014-03-03$0.39—Quarterly
2013-11-122013-12-02$0.39+24.6%Quarterly
2013-08-142013-09-03$0.313—Quarterly
2013-05-162013-06-03$0.313—Quarterly
2013-02-192013-03-01$0.313+25.2%Quarterly
2012-10-112012-12-03$0.25+25.0%Quarterly
2012-07-192012-09-04$0.2—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

PSX stock split history

Phillips 66 has no stock splits on record.

PSX dividend overview

Phillips 66 pays an annual dividend of $5.32 per share, a yield of 1.81% at the latest close, paid quarterly. It paid $4.75 per share in 2025, up 5.6% from 2024. It has raised its dividend for 12 consecutive years. Over five years the dividend grew 5.7% a year on average and over ten years 8.1% a year. The payout ratio is 33.7% of trailing earnings.

Related: PSX cash flow statement, PSX key metrics, PSX chart. See the PSX stock overview for the latest quote and news.

PSX dividends FAQ

Does Phillips 66 pay a dividend?

Yes. Phillips 66 has paid a regular dividend since 2012, quarterly, most recently $1.27 per share with an ex-dividend date of August 18, 2026.

What is Phillips 66's dividend yield?

Phillips 66's forward annual dividend is $5.32 per share, a dividend yield of 1.81% at the latest close of $293.17.

How often does Phillips 66 pay dividends?

Phillips 66 pays dividends quarterly.

How fast is Phillips 66's dividend growing?

Phillips 66's dividend per share grew from $3.60 in 2020 to $4.75 in 2025, 5.7% a year on average over five years; it has increased for 12 years in a row.

What is Phillips 66's dividend payout ratio?

Phillips 66 pays out 33.7% of its trailing earnings as dividends and 70.4% of its free cash flow (fiscal 2025).

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