Phillips 66 Announces Increase in Quarterly Dividend

Carbonatix Pre-Player Loader

Audio By Carbonatix

HOUSTON--(BUSINESS WIRE)--Feb 11, 2026--

The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock, representing a $0.07 increase. The dividend is payable on March 4, 2026, to shareholders of record as of the close of business on Feb. 23, 2026.

“We are increasing the dividend this quarter, reflecting our confidence in our ability to generate through-cycle cash flows,” said Mark Lashier, chairman and CEO of Phillips 66.

“The strength and durability of cash flows from our combined businesses support our priority to return capital to shareholders through a secure, competitive and growing dividend,” Lashier said. “Since our formation in 2012, the annual dividend has increased every year, resulting in a significant 15 percent compound annual growth rate.”

About Phillips 66

Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, TX, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20260211395982/en/

CONTACT: Investor Relations

[email protected] Relations

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CHEMICALS/PLASTICS OIL/GAS MANUFACTURING ALTERNATIVE ENERGY ENERGY FINANCE

SOURCE: Phillips 66

Copyright Business Wire 2026.

PUB: 02/11/2026 11:30 AM/DISC: 02/11/2026 11:32 AM

http://www.businesswire.com/news/home/20260211395982/en

 

Sponsored Links

Trending Videos

Salem News Channel Today

On Air & Up Next

  • Bloomberg Radio
    2:00AM - 7:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    7:00AM - 8:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Bloomberg Radio
    8:00AM - 9:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    9:00AM - 10:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Investing & Trading Live
    10:00AM - 11:00AM
     
    The Investing & Trading Live Radio Show hosted by Josh and Al pulls back the   >>
     

See the Full Program Guide