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-0.00116765593071899 -0.00116765593071899 -0.00116765593071899 -0.00116765593071899 -0.00632480295806161 -0.000814440011676493 -0.0191690181959714 0.0059355843144888
Stock impact report

Phillips 66's (NYSE:PSX) Dividend Will Be Increased To $1.20 [Yahoo! Finance]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Based on this payment, the dividend yield for the company will be 4.4%, which is fairly typical for the industry. We've discovered 2 warning signs about Phillips 66. View them for free Unless the payments are sustainable, the dividend yield doesn't mean too much. The last dividend made up a very large portion of earnings and also represented 80% of free cash flows. This is usually an indication that the focus of the company is returning cash to shareholders rather than reinvesting it for growth. Over the next year, EPS is forecast to expand by 155.4%. Assuming the dividend continues along the course it has been charting recently, our estimates show the payout ratio being 38% which brings it into quite a comfortable range. View our latest analysis for Phillips 66 The company has an extended history of paying stable dividends. Since 2015, the annual payment back then was $2.00, compared to the most recent full-year payment of $4.60. This means that it has been growing its dist Show less Read more
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