Phillips 66 hikes dividend by 5.8%

Phillips 66 (PSX) lifted its quarterly dividend on February 11, 2026, increasing the payout by 5.8% to $1.27 per share.

The increase marks the 14th consecutive year of dividend growth for Phillips 66. At a share price of $161.50, the dividend corresponds to a yield of approximately 3.1%. The ex-dividend date is March 6, 2026.

DIVIDEND TRACK RECORD (PSX)

Dividend history for Phillips 66

14 consecutive years

Phillips 66 hiked its dividend by 5.8% in 2026 to $1.27 per share quarterly. The company has now increased its dividend for 14 consecutive years.

PSX annual dividend hikes

Last update: February 11, 2026

Over the past five years, Phillips 66 has delivered a dividend growth rate of approximately 6.7% per year, while the ten-year compound annual growth rate stands at about 7.3%. The 2025 increase amounted to 4.3%, following higher hikes in earlier years.

Shares of Phillips 66 are up roughly 22% year-to-date. The company operates in the energy sector, with activities in refining, midstream, chemicals, and marketing. For more information, you can visit the website of Phillips 66.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.