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24x7Report > Blog > Finance > Phillips 66 raises quarterly dividend to $1.27 per share
Finance

Phillips 66 raises quarterly dividend to $1.27 per share

Last updated: 2026/02/12 at 4:46 PM
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Phillips 66 raises quarterly dividend to $1.27 per share
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The board of directors of Phillips 66 (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.

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  • Phillips 66 price target raised to $159 from $146 at Citi

  • Phillips 66 price target raised to $155 from $151 at TD Cowen

  • Phillips 66 price target raised to $172 from $160 at UBS

  • Phillips 66 price target raised to $170 from $159 at BMO Capital

  • Phillips 66 price target raised to $147 from $140 at Morgan Stanley

See also  RSPS and XLP Offer Distinct Approaches to the Consumer Staples Sector. Which Is the Better Buy?

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