Phillips 66 declares $1.27 quarterly dividend
April 17, 2026 at 23:10 UTC

Key Points
- Phillips 66’s board has declared a quarterly dividend of $1.27 per share
- The dividend will be paid on June 1, 2026, to shareholders of record on May 18, 2026
- The announcement highlights Phillips 66’s role as an integrated downstream energy provider
- The company emphasizes its focus on reliable energy supply and a lower-carbon future
Dividend declaration and timing
Phillips 66 announced that its board of directors has declared a quarterly dividend of $1.27 per share on its common stock. The declaration was communicated from the company’s headquarters in Houston via a Business Wire release.
According to the announcement, the dividend is scheduled to be paid on June 1, 2026. Shareholders of record as of the close of business on May 18, 2026, will be eligible to receive the payout.
The declaration applies to Phillips 66 common shareholders of record on May 18, 2026.
Shareholder implications and record date
The specified record date of May 18, 2026, sets the point at which ownership of Phillips 66 common stock determines eligibility for the $1.27 per share dividend. Investors recorded as shareholders on that date will receive payment on June 1, 2026.
The announcement underscores the regular nature of the company’s quarterly dividend program, without indicating any additional special distributions or modifications. The communication directs investors and media to dedicated company contacts for further information.
Phillips 66 provided separate email addresses for investor relations and media relations in the release, signaling established channels for stakeholders seeking clarification on the dividend or broader corporate matters.
Company profile and strategic focus
The company describes itself as a leading integrated downstream energy provider. Its portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses.
Phillips 66 states that it manufactures, transports and markets products that drive the global economy. The company describes global operations and a large employee base, reflecting its international footprint.
Headquartered in Houston, Texas, Phillips 66 emphasizes a commitment to safely and reliably providing energy while pursuing a lower-carbon future. This strategic focus is highlighted alongside the dividend announcement in corporate communications.
The company encourages interested parties to visit its website or follow its corporate account on LinkedIn for additional updates, aligning the dividend news with broader investor and public outreach efforts.
Key Takeaways
- Phillips 66 has confirmed a specific quarterly cash return to shareholders, with clear record and payment dates for the $1.27 per share dividend.
- The dividend declaration is framed within the company’s broader positioning as an integrated downstream energy provider with global operations.
- By pairing the dividend news with details on its lower-carbon ambitions, Phillips 66 links shareholder distributions with its longer-term strategic direction.
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