Phillips 66 (FRA:R66) Dividend Payout Ratio : 0.51 (As of Mar. 2024)

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What is Phillips 66 Dividend Payout Ratio?

Phillips 66's dividend payout ratio for the months ended in Mar. 2024 was 0.51.

The historical rank and industry rank for Phillips 66's Dividend Payout Ratio or its related term are showing as below:

FRA:R66' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.29 Max: 0.85
Current: 0.32

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.

FRA:R66's Dividend Payout Ratio is ranked better than
62.61% of 452 companies
in the Oil & Gas industry
Industry Median: 0.45 vs FRA:R66: 0.32

As of today (2024-05-02), the Dividend Yield % of Phillips 66 is 2.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Phillips 66 was 7.72%. The lowest was 1.15%. And the median was 3.09%.

Phillips 66's Dividends per Share for the months ended in Mar. 2024 was €0.97.

During the past 12 months, Phillips 66's average Dividends Per Share Growth Rate was 6.10% 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.

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.

The growth rate is calculated with least square regression.

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

Phillips 66 Dividend Payout Ratio Historical Data

The historical data trend for Phillips 66's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Phillips 66 Dividend Payout Ratio Chart

Phillips 66 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.42

0.68

0.20

0.27

Phillips 66 Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.25	0.28	0.23	0.35	0.51

Competitive Comparison of Phillips 66's Dividend Payout Ratio

For the Oil & Gas Refining & Marketing subindustry, Phillips 66's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Phillips 66's Dividend Payout Ratio falls into.

Phillips 66 Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Phillips 66's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.851	/	14.147
	=	0.27

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

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.966	/	1.881
	=	0.51

Phillips 66 (FRA:R66) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Phillips 66 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Phillips 66's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Phillips 66 (FRA:R66) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PSX:USA PSX:Mexico 1PSX:Italy R66:Germany P1SX34:Brazil PSXC:Austria

Address

2331 CityWest Boulevard, Houston, TX, USA, 77042

Website

https://www.phillips66.com

Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.9 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility will cease 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.

Phillips 66 (FRA:R66) Headlines

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