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Phillips 66 Announces Quarterly Dividend

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Rhea-AI Summary

The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 90 cents per share on its common stock. This dividend will be payable on March 1, 2021, to shareholders of record as of the close of business on February 22, 2021. Phillips 66 is a diversified energy manufacturing and logistics company with a robust portfolio in midstream, chemicals, refining, and marketing.

Positive
  • Dividend declaration of 90 cents per share indicates strong cash flow management.
  • Confidence in ongoing profitability reflected through regular dividend payments.
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 March 1, 2021, to shareholders of record as of the close of business on Feb. 22, 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 14,300 employees committed to safety and operating excellence. Phillips 66 had $55 billion of assets as of Dec. 31, 2020. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.

FAQ

What is the dividend amount for Phillips 66 (PSX) in 2021?

The dividend amount is 90 cents per share.

When is the next dividend payment for PSX?

The next dividend payment is on March 1, 2021.

What is the record date for the upcoming Phillips 66 dividend?

The record date is February 22, 2021.

How often does Phillips 66 pay dividends?

Phillips 66 pays dividends quarterly.

Is the Phillips 66 dividend sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance.

PHILLIPS 66

NYSE:PSX

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54.69B
411.30M
0.41%
74.86%
1.47%
Oil & Gas Refining & Marketing
Petroleum Refining
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United States of America
HOUSTON