Phillips Dividends
| PSX Stock | USD 133.35 0.90 0.67% |
Phillips' past performance could be the main factor of why investors trade Phillips 66 stock today. Investors should clearly understand every aspect of the Phillips dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Phillips' dividend schedule and payout information. Phillips 66 dividends can also provide a clue to the current valuation of Phillips.
One of the primary advantages of investing in dividend-paying companies such as Phillips is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive. Phillips |
Investing in dividend-paying stocks, such as Phillips 66 is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Phillips must own a stock before its ex-dividend date to receive its next dividend.
Recent Phillips Dividends Paid (per share)
Dividends Paid |
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Phillips Expected Dividend Income Per Share
Dividend payment represents part of Phillips' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Phillips. Phillips' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$3.07 Bottom Scenario | $3.19 | $3.31 Top Scenario |
One Year
Phillips 66 expected dividend income per share adjusted for ongoing price standard deviation
Phillips Past Distributions to stockholders
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| 3rd of June 2024 | ||
| 1st of March 2024 | ||
| 1st of December 2023 | ||
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| 22nd of May 2023 | ||
| 1st of March 2023 | ||
| 1st of December 2022 |
Is Petroleum and Natural Gas space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.