Phillips 66 raises dividend per Phillips 66 stock to USD 1.33
Published on 10/19/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPayout and operating scale
- Phillips 66 raised its quarterly dividend to USD 1.33 on October 16, 2026.
- Second-quarter revenue reached USD 52.04 billion for the period ended June 30, 2026.
- Phillips 66 stock trades at EUR 258.90 at 10:05 a.m. CEST at Lang & Schwarz on October 19, 2026.
Phillips 66 raised its quarterly dividend to USD 1.33 per share on October 16, 2026, while Phillips 66 stock was trading at EUR 258.90 at Lang & Schwarz at 10:05 a.m. CEST on October 19, 2026. The dividend increase is the latest income signal before the company's third-quarter results.
Dividend rises before results
The dividend announcement came from Phillips 66's recent payout program. Simply Wall St reported on October 19, 2026 that the USD 1.33 dividend was the closest current catalyst for the company, while continued Midstream cash generation and refinery execution remain important to funding payouts.
The next payment-related date is November 17, 2026, the ex-dividend date listed by Yahoo Finance. The next reporting date is October 28, 2026, when Phillips 66 is scheduled to publish third-quarter results.
What does the quarter mean for cash flow?
Phillips 66 entered the results period with a strong second-quarter operating base. For the quarter ended June 30, 2026, revenue reached USD 52.04 billion, up 55.3 percent from the prior-year period, while net income rose 338.7 percent to USD 3.85 billion, according to TickerScout. The comparison was affected by refinery consolidation and higher refined-product and crude prices.
Fortune reported from the August 5, 2026 earnings call that second-quarter operating cash flow excluding working capital was USD 4.3 billion. Phillips 66 also returned USD 887 million to shareholders, including USD 508 million in dividend payments and USD 379 million in share repurchases.
Three dated company signals
On August 5, 2026, Phillips 66 reported second-quarter net income of USD 3.85 billion and diluted earnings per share of USD 9.55, according to TickerScout. On October 14, 2026, the company highlighted its aviation business and reported more than USD 379 million in community contributions since 2012 on its corporate website. On October 16, 2026, Phillips 66 announced the USD 1.33 quarterly dividend, as reported by Simply Wall St.
Stock value and trading date
Phillips 66 has a market capitalization of USD 117.5 billion as of October 16, 2026. Its 52-week range was USD 126.92 to USD 297.42 on the same market-data snapshot, placing the company near the upper end of that range without making the dividend increase a substitute for operating performance.
Phillips 66 is listed on the NYSE under ticker PSX. Its business spans Refining, Midstream, Chemicals, Marketing and Renewable Fuels, giving the dividend story a broader cash-generation base than a pure refining narrative.
Trading perspective for October 19
The immediate investor question is whether the higher payout can coexist with capital spending, share repurchases and debt reduction. Second-quarter cash flow and the October 28 reporting date make operating execution the next concrete test for that balance.
Phillips 66 was trading at EUR 258.90 at Lang & Schwarz on October 19, 2026 at 10:05 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Phillips 66 stock.
Phillips 66 stock facts
- Company: Phillips 66
- ISIN: US7185461040
- Ticker: PSX
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 19, 2026, 10:05 a.m. CEST: EUR 258.90
- Market capitalization: USD 117.5 billion as of October 16, 2026
- 52-week range: USD 126.92-297.42 as of October 16, 2026
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
Market context: Market report S&P 500.
