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Phillips 66 Announces Quarterly Dividend

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(Low)
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dividends
Rhea-AI Summary

The board of directors of Phillips 66 has declared a quarterly dividend of 90 cents per share. This dividend is payable on September 1, 2021, to shareholders of record as of the close of business on August 18, 2021. Phillips 66 is a diversified energy manufacturing and logistics company with a portfolio that includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. As of March 31, 2021, the company had $55 billion in assets.

Positive
  • Declaration of a quarterly dividend of 90 cents per share enhancing shareholder income.
  • Strong asset base with $55 billion reported as of March 31, 2021.
Negative
  • None.

The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 90 cents per share on Phillips 66 common stock. The dividend is payable on Sept. 1, 2021, to shareholders of record as of the close of business on Aug. 18, 2021.

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,200 employees committed to safety and operating excellence. Phillips 66 had $55 billion of assets as of March 31, 2021. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.

FAQ

What is the dividend amount declared by Phillips 66?

Phillips 66 declared a quarterly dividend of 90 cents per share.

When will the Phillips 66 dividend be paid?

The dividend is payable on September 1, 2021.

What is the record date for the Phillips 66 dividend?

The record date for the dividend is August 18, 2021.

How does the dividend announcement affect Phillips 66 stock?

The dividend announcement can positively influence Phillips 66 stock by enhancing shareholder returns.

What financial status does Phillips 66 currently have?

As of March 31, 2021, Phillips 66 had $55 billion in assets.

PHILLIPS 66

NYSE:PSX

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47.57B
411.27M
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74.92%
1.79%
Oil & Gas Refining & Marketing
Petroleum Refining
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United States of America
HOUSTON