Phillips 66 (PSX) dividends

Phillips 66 (PSX) dividend yield is 1.73%. Price $279.95, payout context, and the questions income investors ask.

Phillips 66 (PSX) trades at $279.95, with a market cap of $112.24B. The dividend yield on the latest Stocklytics quote is 1.73%. Yield is annual dividends divided by the price, so the figure moves when the price moves even if the payout does not.

The payout ratio is the check that sits next to the yield. Dividends larger than earnings, or larger than free cash flow, are being financed rather than earned. A modest yield that grows is often a better income holding than a high yield that consumes the business. Read the definitions of dividend yield and payout ratio before comparing this name with a bond.

This page is the dividend address for PSX. The quote, chart, and filings stay on the main Phillips 66 page. Nothing here is a recommendation to buy the dividend.

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