{"id":1011028,"date":"2026-10-16T11:47:38","date_gmt":"2026-10-16T15:47:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/phillips-66-announces-increase-in-quarterly-dividend-4\/"},"modified":"2026-10-16T11:47:38","modified_gmt":"2026-10-16T15:47:38","slug":"phillips-66-announces-increase-in-quarterly-dividend-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/phillips-66-announces-increase-in-quarterly-dividend-4\/","title":{"rendered":"Phillips 66 Announces Increase in Quarterly Dividend"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Phillips 66 Announces Increase in Quarterly Dividend<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.33 per share on Phillips 66 common stock, representing a $0.06 increase. The dividend is payable on Dec. 1, 2026, to shareholders of record as of the close of business on Nov. 17, 2026.<\/p>\n<p>\n\u201cWe are pleased to increase the quarterly dividend, reflecting the continued strength and resilience of the business and our commitment to deliver long-term returns to shareholders,\u201d said Mark Lashier, chairman and CEO of Phillips 66. \u201cThis marks the second dividend increase in 2026 and brings the annualized dividend increase to 10.8% compared with the fourth quarter of 2025. The dividend increase underscores our confidence in the durability of the business model and the company\u2019s ability to generate sustainable cash flow.\u201d<\/p>\n<p>\n\u201cSince the company\u2019s formation in 2012, we have increased the annual dividend every year, resulting in a significant 14% compound annual growth rate,\u201d Lashier said. \u201cWith our disciplined approach to capital allocation, we are returning capital to shareholders, investing in long-term growth and maintaining a strong financial position as we execute our strategy and create long-term value.\u201d<\/p>\n<p><strong>About Phillips 66<\/strong><\/p>\n<p>\nPhillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company\u2019s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, TX, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.phillips66.com%2F&amp;esheet=54623466&amp;newsitemid=20261016485797&amp;lan=en-US&amp;anchor=phillips66.com&amp;index=1&amp;md5=5bbcc65116c082e5dd25d63091233025\">phillips66.com<\/a> or follow <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fphillips66co&amp;esheet=54623466&amp;newsitemid=20261016485797&amp;lan=en-US&amp;anchor=%40Phillips66Co&amp;index=2&amp;md5=37f756f979d849b12058cb1778498020\">@Phillips66Co<\/a> on LinkedIn.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261016485797r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261016485797\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261016485797\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investorrelations@p66.com\">investorrelations@p66.com<\/a><\/p>\n<p>\nMedia Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:phillips66media@p66.com\">phillips66media@p66.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Oil\/Gas Energy Professional Services Other Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261016485797\/en\/322073\/3\/Phillips_66.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Phillips 66 Announces Increase in Quarterly Dividend HOUSTON&#8211;(BUSINESS WIRE)&#8211; The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.33 per share on Phillips 66 common stock, representing a $0.06 increase. The dividend is payable on Dec. 1, 2026, to shareholders of record as of the close of business on Nov. 17, 2026. \u201cWe are pleased to increase the quarterly dividend, reflecting the continued strength and resilience of the business and our commitment to deliver long-term returns to shareholders,\u201d said Mark Lashier, chairman and CEO of Phillips 66. \u201cThis marks the second dividend increase in 2026 and brings the annualized dividend increase to 10.8% compared with the fourth quarter of 2025. The dividend increase underscores &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/phillips-66-announces-increase-in-quarterly-dividend-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Phillips 66 Announces Increase in Quarterly Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1011028","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Phillips 66 Announces Increase in Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/phillips-66-announces-increase-in-quarterly-dividend-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phillips 66 Announces Increase in Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Phillips 66 Announces Increase in Quarterly Dividend HOUSTON&#8211;(BUSINESS WIRE)&#8211; The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.33 per share on Phillips 66 common stock, representing a $0.06 increase. The dividend is payable on Dec. 1, 2026, to shareholders of record as of the close of business on Nov. 17, 2026. \u201cWe are pleased to increase the quarterly dividend, reflecting the continued strength and resilience of the business and our commitment to deliver long-term returns to shareholders,\u201d said Mark Lashier, chairman and CEO of Phillips 66. \u201cThis marks the second dividend increase in 2026 and brings the annualized dividend increase to 10.8% compared with the fourth quarter of 2025. 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