05-06-2015, 01:40 PM
The board of directors of Phillips 66 (PSX) has declared a quarterly dividend of 56 cents per share on Phillips 66 common stock, representing an increase of 12 percent from the prior quarter. The dividend is payable on June 1, 2015, to shareholders of record as of the close of business on May 18, 2015.
“This dividend increase demonstrates our ongoing commitment to shareholder distributions,” said Greg Garland, chairman and CEO of Phillips 66. “Our focus on disciplined capital allocation allows us to continue to return value to our shareholders while also significantly growing our Midstream and Chemicals businesses.”
“This dividend increase demonstrates our ongoing commitment to shareholder distributions,” said Greg Garland, chairman and CEO of Phillips 66. “Our focus on disciplined capital allocation allows us to continue to return value to our shareholders while also significantly growing our Midstream and Chemicals businesses.”