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PSX (Phillips 66) 3-Year Dividend Growth Rate : 5.30% (As of Sep. 2024)


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What is Phillips 66 3-Year Dividend Growth Rate?

Phillips 66's Dividends per Share for the three months ended in Sep. 2024 was $1.15.

The historical rank and industry rank for Phillips 66's 3-Year Dividend Growth Rate or its related term are showing as below:

PSX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3   Med: 12.5   Max: 69.2
Current: 5.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Phillips 66 was 69.20% per year. The lowest was 3.00% per year. And the median was 12.50% per year.

PSX's 3-Year Dividend Growth Rate is ranked worse than
67.11% of 301 companies
in the Oil & Gas industry
Industry Median: 15.2 vs PSX: 5.30

During the past 12 months, Phillips 66's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Phillips 66's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.56. As of today, Phillips 66's Dividend Yield % is 3.60%.

Good Sign:

Phillips 66 stock dividend yield is close to 1-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Phillips 66's 3-Year Dividend Growth Rate

For the Oil & Gas Refining & Marketing subindustry, Phillips 66's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Phillips 66's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Phillips 66's 3-Year Dividend Growth Rate falls into.



Phillips 66 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Phillips 66  (NYSE:PSX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Phillips 66's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=1.15/ 2.04
=0.56

During the past 13 years, the highest Dividend Payout Ratio of Phillips 66 was 0.85. The lowest was 0.20. And the median was 0.29.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Phillips 66 Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.1500002024-08-202024-08-202024-09-03Cash DividendquarterlyUSD:USD 1.000000
USD 1.1500002024-05-172024-05-202024-06-03Cash DividendquarterlyUSD:USD 1.000000
USD 1.0500002024-02-162024-02-202024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.0500002023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Phillips 66's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.4/121.82
=3.61 %

Current Share Price is $121.82.
Phillips 66's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.4.

During the past 13 years, the highest Dividend Yield of Phillips 66 was 7.72%. The lowest was 2.24%. And the median was 3.21%.

Good Sign:

Phillips 66 stock dividend yield is close to 1-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Phillips 66 3-Year Dividend Growth Rate Related Terms>


Phillips 66 Business Description

Industry
Traded in Other Exchanges
Address
2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Executives
Kevin J Mitchell officer: Exec. VP, Finance and CFO 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Timothy D. Roberts officer: Executive Vice President C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Joseph Scott Pruitt officer: Vice President and Controller 2331 CITYWEST BLVD., HOUSTON TX 77042
Richard G Harbison officer: Senior VP, Refining 2331 CITYWEST BLVD., HOUSTON TX 77042
Zhanna Golodryga officer: Executive Vice President PO BOX 10247, BIRMINGHAM AL 35202-0247
Vanessa Allen Sutherland officer: EVP, GC and Secretary 650 W PEACHTREE ST NW, ATLANTA GA 30308
Greg C. Garland officer: Chairman, Pres. and CEO-Desig 2331 CITYWEST BLVD., HOUSTON TX 77042
Brian Mandell officer: Senior Vice President 370 17TH STREET, SUITE 2500, DENVER CO 80202
Gregory Hayes director 870 WINTER STREET, WALTHAM MA 02451
Paula Ann Johnson officer: SVP, Gen Counsel & Sec (Desig) 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Robert A Herman officer: Executive Vice President 3010 BRIARPARK DRIVE, 9TH FLOOR, HOUSTON TX 77042
Douglas T Terreson director 2331 CITYWEST BLVD., HOUSTON TX 77042
Denise R Singleton director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Mark E Lashier officer: President and COO 2331 CITYWEST BLVD., HOUSTON TX 77042
Charles M Holley director