On 11/16/21, Phillips 66 will trade ex-dividend, for its quarterly dividend of $0.92, payable on 12/1/21. As a percentage of PSX’s recent stock price of $77.57, this dividend works out to approximately 1.19%, so look for shares of Phillips 66 to trade 1.19% lower — all else being equal — when PSX shares open for trading on 11/16/21.
Below is a dividend history chart for PSX, showing historical dividends prior to the most recent $0.92 declared by Phillips 66:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PSX is likely to continue, and whether the current estimated yield of 4.74% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PSX shares, versus its 200 day moving average:
Looking at the chart above, PSX’s low point in its 52 week range is $55.50 per share, with $94.34 as the 52 week high point — that compares with a last trade of $77.55.
In Friday trading, Phillips 66 shares are currently down about 0.4% on the day.