Trailing Dividend / Share
$4.71
Phillips 66 (PSX) Dividend History
Income profile from 2012 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.8%
Payout Ratio
43.7%
Sustainable
Dividend Streak
14 years
PSX Dividend Income Check
Safety
43.7% payout ratio with sustainable safety profile.
Consistency
14 straight years of dividend increases.
Income Trend
Yield on cost is 6.8% and trend is rising.
PSX Dividend Scorecard
Yield & Income
Dividend Yield2.8%
Trailing DPS$4.71
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout43.7%
Earnings SafetySustainable
FCF Payout1587.0%
FCF SafetyStretched
Piotroski F-Score7/9
Growth
Growth Streak14 years
3Y CAGR7.4%
5Y CAGR5.7%
Yield on Cost (5Y)6.8%
YOC Trendrising
Total Returns
Buyback Yield1.8%
Total Shareholder Yield4.6%
1Y Total Return37.1%
5Y Total Return123.1%
Div Contribution (5Y)25.7%
Estimated $10K growth (return + dividends):
5Y ago$22,30710Y ago$25,76720Y ago$61,984
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
PSX Income Growth Story
Dividend per share and yield on cost over time (15 years of payments)
PSX Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Phillips 66 distributes 43.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 1587.0%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
PSX has raised its dividend for 14 consecutive years, with a 3-year CAGR of 7.4% and 5-year CAGR of 5.7%.
Total Shareholder Returns
Beyond cash dividends, PSX returns capital through share repurchases. The combined picture: 2.8% dividend yield, 1.8% buyback yield, 4.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.8% and is currently rising. The 5-year total return is 123.1%, with dividends contributing 25.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $25,767 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
PSX Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$21.62
Avg/Payment$1.0810
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 18, 2026Latest | $1.2700 | — | 2.75% | Jun 1, 2026 |
| Feb 23, 2026 | $1.2700 | ↑ +5.8% | 3.14% | Mar 4, 2026 |
| Nov 17, 2025 | $1.2000 | — | 3.48% | Dec 1, 2025 |
| Aug 19, 2025 | $1.2000 | — | 3.85% | Sep 2, 2025 |
| May 19, 2025 | $1.2000 | ↑ +4.3% | 3.81% | Jun 2, 2025 |
| Feb 24, 2025 | $1.1500 | — | 3.62% | Mar 5, 2025 |
| Nov 18, 2024 | $1.1500 | — | 3.43% | Dec 2, 2024 |
| Aug 20, 2024 | $1.1500 | — | 3.32% | Sep 3, 2024 |
PSX Dividend vs Peers
Comparable companies in the same industry
#6 yield in peer group
Div Yield
2.8%
#6 of 9
Safety
Sustainable
43.7% payout
Streak
14Y
5.7% 5Y CAGR
Total Shareholder
4.6%
#8 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| PSXPhillips 66 | $66.6B | 2.8% | 43.7% | 14 | Sustainable |
 VLOValero Energy Corpor… | $70.7B | 1.9% | 59.8% | 3 | Sustainable |
 MPCMarathon Petroleum C… | $70.9B | 1.5% | 28.2% | 4 | Sustainable |
 PBFPBF Energy Inc. | $4.4B | 3.0% | — | 3 | Unknown |
 DKDelek US Holdings, I… | $2.5B | 2.5% | — | 3 | Unknown |
2nd  CVXChevron Corporation | $346.5B | 4.0% | 1.0% | 38 | Sustainable |
 XOMExxon Mobil Corporat… | $584.0B | 2.9% | 59.7% | 43 | Sustainable |
3rd  COPConocoPhillips | $131.3B | 3.0% | 50.0% | 9 | Sustainable |
1st  MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
PSX Annual Dividend History (2009–2026)
18 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.54 | — | 2 | — | — | — | 3.6% |
| 2025 | $4.75 | 5.6% | 4 | $10.79 | 44.0% | 2.27x | 6.8% |
| 2024 | $4.50 | 7.1% | 4 | $4.99 | 90.2% | 1.11x | 6.4% |
| 2023 | $4.20 | 9.7% | 4 | $15.45 | 27.2% | 3.68x | 6.0% |
| 2022 | $3.83 | 7.6% | 4 | $23.27 | 16.5% | 6.08x | 5.5% |
| 2021 | $3.56 | -1.1% | 4 | $2.97 | 119.9% | 0.83x | 5.1% |
| 2020 | $3.60 | 2.9% | 4 | $-9.06 | — | — | 5.2% |
| 2019 | $3.50 | 12.9% | 4 | $6.77 | 51.7% | 1.93x | 5.0% |
| 2018 | $3.10 | 13.6% | 4 | $11.80 | 26.3% | 3.81x | 4.4% |
| 2017 | $2.73 | 11.4% | 4 | $9.85 | 27.7% | 3.61x | 3.9% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into PSX consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
14+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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PSX — Frequently Asked Questions
Quick answers to the most common questions about buying PSX stock.
How much dividend does PSX pay per share?
Phillips 66 (PSX) pays a trailing 12-month dividend of $4.71 per share, with a current dividend yield of +2.8%. Payments are made Semi-Annual.
When is PSX's next ex-dividend date?
PSX's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PSX typically pays dividends Semi-Annual.
Is PSX's dividend safe?
PSX's dividend safety is rated "Sustainable" based on an earnings payout ratio of +43.7% and FCF payout ratio of +1587.0%. With 14 consecutive years of dividend growth, the track record supports sustainability.
Is PSX a Dividend Achiever?
Yes, Phillips 66 is classified as a Dividend Achiever with 14 consecutive years of dividend increases. The 5-year dividend CAGR is +5.7%, demonstrating above-inflation dividend growth.
How often does PSX pay dividends?
Phillips 66 pays dividends Semi-Annual. The trailing 12-month total is $4.71 per share. Dividend data on this page covers 14+ years from 2012 to 2026.
How much would $10,000 invested in PSX grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PSX five years ago would be worth approximately $22,307 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PSX's yield on cost for long-term holders?
PSX's yield on cost — the current dividend divided by the original purchase price — is +6.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.8% market yield, thanks to consistent dividend growth.