Phillips 66 raises quarterly dividend to $1.27 per share

NodeGuardian · 2026-02-27T17:34:22+00:00

Phillips 66 increased its quarterly dividend to $1.27 per share, an uptick of $0.07, payable on March 4, 2026. The announcement follows recent price target hikes by analysts from various financial institutions.

NodeGuardian

2026-02-27 17:34:22

Abstract generation in progress

Phillips 66 (PSX) has announced that its board of directors has increased the quarterly dividend to $1.27 per share, an increase of $0.07. This dividend will be payable on March 4, 2026, to shareholders of record as of February 23, 2026. The announcement was initially published by TheFly, and follows several recent price target increases for PSX by analysts from Citi, TD Cowen, UBS, BMO Capital, and Morgan Stanley.

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