Phillips 66 Board Declares Quarterly Dividend Increase to $1.33 Per Share

Key Facts

The Phillips 66 board of directors declared a quarterly dividend of $1.33 per share, representing a $0.06 increase. Business Wire reported that this adjustment constitutes an approximate 4.7% rise in the quarterly cash dividend, approved by the board as part of its ongoing capital return strategy for shareholders.

PSX closed at $289.2 on October 15, 2026, prior to the dividend announcement. During the trading session on October 15, 2026, the stock reached a high of $296.2 and a low of $286.4, as the company continues to focus on shareholder returns within the energy sector.