Phillips 66 Dividend yield

 Price  114.16
 Dividend  4.20
 Earnings  23.78
 Cash-flow  23.30
 Book value  63.42
 Equity  52.38

Phillips 66 is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Phillips 66 is a company from USA, and his stocks are publicly traded.

Phillips 66 stock dividend

Phillips 66 paid a total dividend of 1,936 million USD last year, for a market value of 52,628 millions (Market Cap 52,520 millions). Phillips 66 dividend per share is 4.20 USD, and his stock market price 114.16 USD.

According to the chart below, where dividend yield is displayed, Phillips 66 has a dividend yield of 3.68%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Oil and Gas industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Phillips 66 stocks dividend with other Oil and Gas Producers companies or other of the high USA dividend stocks list.

Dividend yield of Phillips 66

Phillips 66 Dividend Payout

About the ability of Phillips 66 to maintain his current dividend of USD 4.20 per share, an amount that accounts for 3.68%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Phillips 66 payout on ernings is currently 17.66%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures lead us to believe that there is confidence that Phillips 66can maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Phillips 66 is USD 23.30 per share, which is higher than the dividend per share paid by the company of USD 4.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Phillips 66, compared againt world market average, USA companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Phillips 66 payout

Phillips 66 Dividend History

Below you will find a table with the historical evolution of Phillips 66's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 

*In millions

Then you can see the evolution of Phillips 66 dividend stock, and compare it with the average of USA stocks and that of the Oil and Gas Producers stocks.

Phillips 66 stock dividend history

Phillips 66 Stock performance

Finally, last moth Phillips 66 showed a return of 2.30% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a 27.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Oil and Gas Producers firms.

Phillips 66 stock and market return