05-07-2014, 01:31 PM
(05-07-2014, 01:11 PM)EricL Wrote:(05-07-2014, 12:34 PM)TomK Wrote:(05-07-2014, 12:17 PM)fiveoh Wrote: PSX 28% raise announced today. .50 quarterly dividend or 2.00 annually.
Way larger than I expected.
http://finance.yahoo.com/news/phillips-6...00272.html
Wow, that's huge. I guess they weren't kidding about their commitment to the dividend!
Wow, that is awesome. I think this is their 4th increase since the spin-off in 2012. I may have to look at adding to my position.
Their first dividend was 7/19/2012 and .20. 4 increases later it's .50 for a 150% increase in roughly 2 years.