Does PSX pay a dividend?

Yes. Phillips 66 pays a quarterly dividend, currently yielding 1.98% based on trailing twelve-month payments of $5.01 per share.

How much does PSX pay in dividends?

$5.01 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next PSX ex-dividend date?

The next ex-dividend date on record is November 17, 2026, with payment on December 1, 2026. You must own the shares before the ex-dividend date to receive that payment.

PSX Dividend

Phillips 66

NYSEEnergyStockData as of August 18, 2026

Dividend yield: 1.98%
Annual dividend: $5.01
Payout ratio: 0.28
Frequency: Quarterly
Share price: $253.02
Market cap: $98.7B

Next payment

Ex-dividend date: November 17, 2026Pay date: December 1, 2026Amount: $1.3300

You must own the shares before the ex-dividend date to receive this payment.

Is PSX a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median1.98% against a median of 2.81%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.28 means roughly 28% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut onceAcross 14 complete years, the annual total fell in 2021. The most recent reduction was in 2021.
Raised for 4 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

PSX dividend history

Annual dividend per share, 2012 to 2025.

Peak $4.80 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for PSX, most recent first.
Ex-dividend date	Pay date	Amount	Type
August 18, 2026	September 1, 2026	$1.2700	Quarterly
May 18, 2026	June 1, 2026	$1.2700	Quarterly
February 23, 2026	March 4, 2026	$1.2700	Quarterly
November 17, 2025	December 1, 2025	$1.2000	Quarterly
August 19, 2025	September 2, 2025	$1.2000	Quarterly
May 19, 2025	June 2, 2025	$1.2000	Quarterly
February 24, 2025	March 5, 2025	$1.1500	Quarterly
November 18, 2024	December 2, 2024	$1.1500	Quarterly
August 20, 2024	September 3, 2024	$1.1500	Quarterly
May 17, 2024	June 3, 2024	$1.1500	Quarterly
February 16, 2024	March 1, 2024	$1.0500	Quarterly
November 16, 2023	December 1, 2023	$1.0500	Quarterly
August 17, 2023	September 1, 2023	$1.0500	Quarterly
May 19, 2023	June 1, 2023	$1.0500	Quarterly
February 17, 2023	March 1, 2023	$1.0500	Quarterly
November 16, 2022	December 1, 2022	$0.9700	Quarterly
August 17, 2022	September 1, 2022	$0.9700	Quarterly
May 20, 2022	June 1, 2022	$0.9700	Quarterly
February 18, 2022	March 1, 2022	$0.9200	Quarterly
November 16, 2021	December 1, 2021	$0.9200	Quarterly
August 17, 2021	September 1, 2021	$0.9000	Quarterly
May 21, 2021	June 1, 2021	$0.9000	Quarterly
February 19, 2021	March 1, 2021	$0.9000	Quarterly
November 16, 2020	December 1, 2020	$0.9000	Quarterly
August 17, 2020	September 1, 2020	$0.9000	Quarterly
May 15, 2020	June 1, 2020	$0.9000	Quarterly
February 14, 2020	March 2, 2020	$0.9000	Quarterly
November 15, 2019	December 2, 2019	$0.9000	Quarterly
August 19, 2019	September 3, 2019	$0.9000	Quarterly
May 17, 2019	June 3, 2019	$0.9000	Quarterly
February 15, 2019	March 1, 2019	$0.8000	Quarterly
November 16, 2018	December 3, 2018	$0.8000	Quarterly
August 20, 2018	September 4, 2018	$0.8000	Quarterly
May 18, 2018	June 1, 2018	$0.8000	Quarterly
February 16, 2018	March 1, 2018	$0.7000	Quarterly
November 16, 2017	December 1, 2017	$0.7000	Quarterly
August 16, 2017	September 1, 2017	$0.7000	Quarterly
May 16, 2017	June 1, 2017	$0.7000	Quarterly
February 16, 2017	March 1, 2017	$0.6300	Quarterly
November 15, 2016	December 1, 2016	$0.6300	Quarterly

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Frequently asked questions

Does PSX pay a dividend?: Yes. Phillips 66 pays a quarterly dividend, currently yielding 1.98% based on trailing twelve-month payments of $5.01 per share.
How much does PSX pay in dividends?: $5.01 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next PSX ex-dividend date?: The next ex-dividend date on record is November 17, 2026, with payment on December 1, 2026. You must own the shares before the ex-dividend date to receive that payment.