Current stock page

Dividends

PSX Dividend History, Yield & Dates

Dividend Yield · Dividend History · Ex-Dividend Date · Payment Date

EnergyOil & Gas Refining & MarketingScore data as of Oct 21, 2026

PSXPhillips 66

Energy / Oil & Gas Refining & Marketing

Relative Leader / Watch

Strong Relative Position

NeutralEdge 8/10
$290.07−$0.96 (−0.33%)

Latest quote

  • Momentum
    80
  • Value
    54
  • Quality
    49
  • Risk resilience
    56
  • Sentiment
    75
algovestiq.comScore data as of Oct 21, 2026

PSX Dividend answer

Phillips 66 (PSX) pays a quarterly dividend. Forward dividend yield: 1.83%, or $5.32 a year at the latest dividend. Trailing 12-month yield: 1.73%, from $5.01 per share paid over the past year. Its latest dividend was $1.33 per share. Latest ex-dividend date: Nov 17, 2026. Payment date: Dec 1, 2026. Next dividend status: announced at $1.33 per share.

PSX Dividend Snapshot

Yield, annual dividend, latest payment, payout coverage, growth, and dividend history are emphasized for this stock. Yield methodology is labeled separately from payout coverage.

History
48
dividends captured
Growth years
10
raw events; specials not isolated
Durability score
80/100
coverage and consistency proxy
Shareholder yield
1.28%
0.53% buyback yield

Next PSX Dividend Date

When PSX next goes ex-dividend, the amount where it has been declared, and whether that state is announced, projected or not yet known.

Next PSX dividend

$1.33 per share

PSX's announced dividend calendar data is shown separately from historical payments so future dates do not get blended into completed dividend history.

Ex-date
Nov 17, 2026
announced
Pay date
Dec 1, 2026
Frequency
quarterly

Latest PSX Dividend Dates

Aug 18, 2026

Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.

Dividend yield
1.73%
Trailing 12-month dividend yield
1.73%
TTM dividends / latest available price
Forward dividend yield
1.83%
Latest dividend × 4 a year = $5.32 / latest price
Trailing annual dividend
$5.01
6.60% vs prior complete year
Latest dividend
$1.33
0.00% vs prior payment
Frequency
quarterly
Inferred from available dividend events
Ex-dividend date
Nov 17, 2026
Calendar endpoint
Payment date
Dec 1, 2026
Calendar endpoint
Next dividend
Announced: $1.33
Amount status independent from ex-date
Payout ratio
27.96%
Dividend as a share of earnings where available
FCF payout
31.42%
Dividend as a share of free cash flow per share
FCF coverage
3.18x
Free cash flow per share divided by dividend

AIQ Dividend bridge

Quality49/100

Margins, returns, leverage, and cash conversion support dividend durability.

Value54/100

Yield is more useful when valuation context is not stretched.

Risk resilience56/100

Lower drawdown and balance-sheet risk can improve income dependability.

PSX Dividend History

Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.

Dividend reliability

Active payer

Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.

Yield
1.73%
Current income rate
TTM trend
Trailing income rising
6.60% vs prior complete year
FCF coverage
Covered by FCF
3.18x
Payout ratio
27.96%
Earnings payout context
Recent dividend cadence
8 records
Nov 24
$1.15
Feb 25
$1.15
May 25
$1.20
Aug 25
$1.20
Nov 25
$1.20
Feb 26
$1.27
May 26
$1.27
Aug 26
$1.27

PSX Annual Dividend History

2016 - 2026
11 plotted years

PSX Dividend Growth

+6.60% 1Y
Latest increase +4.72%
Latest PSX Dividend: Declaration, Ex-Date & Payment
Declared
Jul 9, 2026
Ex-date
Aug 18, 2026
Record
Aug 18, 2026
Paid
Sep 1, 2026

Latest row amount $1.27, event yield 2.06%.

Event field coverage
Declaration40/40
Record40/40
Payment40/40
Frequency40/40
History depth
40 rows
FMP dividend events via canonical L3
Data through
Aug 18, 2026
latest covered ex-date
Last checked
Oct 2, 2026
independent from event date
Date coverage
40/40 pay
40/40 record dates

This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.

Dividend growth

PSX regular dividend growth, 2020–2025
5-year regular dividend CAGR
5.70%
Cohort rank
#222
Cohort standing
Bottom half
Energy rank
#5
2020 regular DPS
$3.600
2025 regular DPS
$4.750
Absolute change
$1.150
Years increased
5
Years reduced
0

PSX's split-adjusted regular dividend per share grew at 5.70% a year from 2020 through 2025, ranking #222 among US dividend-paying corporations that never cut the payout in AlgovestIQ's study.

Split-adjusted regular dividends per share, 2020–2025, excluding special dividends. Research as of Sep 19, 2026.

PSX Dividend Yield

How PSX's trailing 12-month dividend yield is calculated, and what it does and does not account for.

Yield methodology

Trailing 12-month dividend yield

PSX's trailing dividend yield is the regular dividends paid over the last twelve months divided by the latest available share price. Payouts classified as special or supplemental are excluded, because a one-off payment is not recurring income. It is a backward-looking measure and is not the same as a forward yield, which annualises the most recent declared payment instead.

Trailing 12-month dividend yield
1.73%
Trailing 12-month dividends
$5.01

Dividend coverage

What PSX's dividend is paid out of

Coverage is read from earnings and cash flow rather than from the yield. A payout ratio leaves room, or does not; free cash flow either covers the payment, or the company is funding it another way. These are inputs to a judgement, not a guarantee of future payments.

Payout ratio
27.96%
FCF coverage
3.18x

Recent PSX dividend payments

40 covered dividends
Showing latest 5 of 40 rows
Ex-dateDividendAdjustedYield at ex-dateFrequencyTTM adjustedDeclaredRecord datePayment date
Aug 18, 2026$1.27
$1.27
2.06%Quarterly$5.01Jul 9, 2026Aug 18, 2026Sep 1, 2026
May 18, 2026$1.27
$1.27
2.75%Quarterly$4.94Apr 17, 2026May 18, 2026Jun 1, 2026
Feb 23, 2026$1.27
$1.27
3.14%Quarterly$4.87Feb 11, 2026Feb 23, 2026Mar 4, 2026
Nov 17, 2025$1.20
$1.20
3.48%Quarterly$4.75Oct 8, 2025Nov 17, 2025Dec 1, 2025
Aug 19, 2025$1.20
$1.20
3.85%Quarterly$4.70Jul 10, 2025Aug 19, 2025Sep 2, 2025
Show older history+35 rows
May 19, 2025$1.20
$1.20
3.81%Quarterly$4.65Apr 21, 2025May 19, 2025Jun 2, 2025
Feb 24, 2025$1.15
$1.15
3.62%Quarterly$4.60Feb 12, 2025Feb 24, 2025Mar 5, 2025
Nov 18, 2024$1.15
$1.15
3.43%Quarterly$4.50Oct 11, 2024Nov 18, 2024Dec 2, 2024
Aug 20, 2024$1.15
$1.15
3.32%Quarterly$4.40Jul 10, 2024Aug 20, 2024Sep 3, 2024
May 17, 2024$1.15
$1.15
2.92%Quarterly$4.30Apr 3, 2024May 20, 2024Jun 3, 2024
Feb 16, 2024$1.05
$1.05
2.92%Quarterly$4.20Feb 7, 2024Feb 20, 2024Mar 1, 2024
Nov 16, 2023$1.05
$1.05
3.70%Quarterly$4.20Oct 6, 2023Nov 17, 2023Dec 1, 2023
Aug 17, 2023$1.05
$1.05
3.63%Quarterly$4.12Jul 12, 2023Aug 18, 2023Sep 1, 2023
May 19, 2023$1.05
$1.05
4.26%Quarterly$4.04May 10, 2023May 22, 2023Jun 1, 2023
Feb 17, 2023$1.05
$1.05
3.98%Quarterly$3.96Feb 8, 2023Feb 21, 2023Mar 1, 2023
Nov 16, 2022$0.97
$0.97
3.56%Quarterly$3.83Oct 7, 2022Nov 17, 2022Dec 1, 2022
Aug 17, 2022$0.97
$0.97
4.21%Quarterly$3.78Jul 12, 2022Aug 18, 2022Sep 1, 2022
May 20, 2022$0.97
$0.97
3.93%Quarterly$3.69May 11, 2022May 23, 2022Jun 1, 2022
Feb 18, 2022$0.92
$0.92
4.23%Quarterly$3.60Feb 9, 2022Feb 22, 2022Mar 1, 2022
Nov 16, 2021$0.92
$0.92
4.62%Quarterly$3.56Oct 8, 2021Nov 17, 2021Dec 1, 2021
Aug 17, 2021$0.90
$0.88
5.06%Quarterly$3.54Jul 14, 2021Aug 18, 2021Sep 1, 2021
May 21, 2021$0.90
$0.88
4.22%Quarterly$3.56May 12, 2021May 24, 2021Jun 1, 2021
Feb 19, 2021$0.90
$0.88
4.35%Quarterly$3.58Feb 10, 2021Feb 22, 2021Mar 1, 2021
Nov 16, 2020$0.90
$0.90
5.75%Quarterly$3.60Oct 9, 2020Nov 17, 2020Dec 1, 2020
Aug 17, 2020$0.90
$0.90
5.77%Quarterly$3.60Jul 8, 2020Aug 18, 2020Sep 1, 2020
May 15, 2020$0.90
$0.90
5.08%Quarterly$3.60May 6, 2020May 18, 2020Jun 1, 2020
Feb 14, 2020$0.90
$0.90
4.02%Quarterly$3.60Feb 5, 2020Feb 18, 2020Mar 2, 2020
Nov 15, 2019$0.90
$0.90
2.96%Quarterly$3.50Oct 4, 2019Nov 18, 2019Dec 2, 2019
Aug 19, 2019$0.90
$0.90
3.44%Quarterly$3.40Jul 10, 2019Aug 20, 2019Sep 3, 2019
May 17, 2019$0.90
$0.90
3.89%Quarterly$3.30May 8, 2019May 20, 2019Jun 3, 2019
Feb 15, 2019$0.80
$0.80
3.33%Quarterly$3.20Feb 6, 2019Feb 19, 2019Mar 1, 2019
Nov 16, 2018$0.80
$0.80
3.21%Quarterly$3.10Oct 5, 2018Nov 19, 2018Dec 3, 2018
Aug 20, 2018$0.80
$0.80
2.58%Quarterly$3.00Jul 11, 2018Aug 21, 2018Sep 4, 2018
May 18, 2018$0.80
$0.80
2.41%Quarterly$2.90May 9, 2018May 21, 2018Jun 1, 2018
Feb 16, 2018$0.70
$0.70
3.04%Quarterly$2.80Feb 7, 2018Feb 20, 2018Mar 1, 2018
Nov 16, 2017$0.70
$0.70
2.95%Quarterly$2.73Oct 9, 2017Nov 17, 2017Dec 1, 2017
Aug 16, 2017$0.70
$0.70
3.20%Quarterly—Jul 12, 2017Aug 18, 2017Sep 1, 2017
May 16, 2017$0.70
$0.70
3.30%Quarterly—May 3, 2017May 18, 2017Jun 1, 2017
Feb 16, 2017$0.63
$0.63
3.21%Quarterly—Feb 8, 2017Feb 21, 2017Mar 1, 2017
Nov 15, 2016$0.63
$0.63
2.93%Quarterly—Oct 7, 2016Nov 17, 2016Dec 1, 2016
Dividend context
How to read PSX's dividend profile

Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.

Yield needs coverage

A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.

Payment history matters

Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.

Payout ratio is context

A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.

Focused follow-on paths for yield methodology, payout coverage, peer comparison, and income planning.

PSX Dividend Comparisons

How PSX's income profile compares with the peers it is most often weighed against.

Dividend calculators

Each calculator opens with this ticker's price and dividend loaded; every assumption stays editable.

Primary calculator
Calculate PSX dividend income

Estimate annual income, payment amount, yield and growth scenarios using PSX as ticker context.

Calculate dividend income
Secondary calculator
Model PSX dividend reinvestment

Explore a DRIP scenario without duplicating the full calculator on the dividend analysis page.

Model dividend reinvestment
Secondary calculator
Calculate PSX dividend yield

Check the current yield, annual income on your shares, and your yield on cost from the price you paid.

Calculate dividend yield
Secondary calculator
PSX yield on cost

Enter your purchase date or price to see the yield on what you paid, today's yield beside it, and the dividends collected since.

Calculate yield on cost
Continue to PSX fundamentals
Review the profitability, cash generation, and balance-sheet context behind the dividend.

PSX Dividends FAQ

Does PSX pay a dividend?

Phillips 66 (PSX) has covered dividend payment history on this page, including a latest dividend of $1.33 per share and a quarterly cadence based on available events.

What is PSX's dividend yield?

PSX's trailing dividend yield is 1.73%. Trailing dividend yield equals dividends paid over the trailing 12 months divided by the latest available share price.

When is PSX's next dividend?

PSX's next announced dividend is $1.33 per share with an ex-dividend date of Nov 17, 2026 and payment date of Dec 1, 2026.

When is PSX's ex-dividend date?

PSX's next announced ex-dividend date is Nov 17, 2026.

How has PSX's dividend changed?

PSX's one-year dividend growth is 6.60% based on comparable covered dividend history.