Dividend Update for Phillips 66: Key Insights for Investors Before Aug 19, 2025

Phillips 66 has announced a cash dividend of $1.200 per share, with the ex-dividend date set for Aug 19, 2025. The dividend will be paid on Sept 2, 2025, following the announcement made on Jul 10, 2025. This recent dividend is notably higher than the average of the last ten dividends, which stood at $0.764 per share. The previous dividend, distributed on Jun 2, 2025, was also $1.200 per share. Phillips 66 continues to maintain its distribution level, offering investors a significant return.

Recently, Phillips 66 has been in the spotlight due to several developments. A director, Gregory Hayes, made a noteworthy investment by purchasing 8,350 shares of Phillips 66 stock at a price of $119.90 per share, amounting to a total transaction value of $1,001,165. This move indicates strong insider confidence in the company's future prospects.

In other updates, Phillips 66 has experienced operational challenges at its Bayway refinery in Linden, New Jersey. The refinery, with a capacity of 258,000 barrels per day, has reduced gasoline output following a fire near the facility. This incident could impact the company's production levels and potentially influence market performance.

Furthermore, the National Pension Service has increased its stake in Phillips 66 by 5.3% during the first quarter, reflecting institutional confidence in the company's long-term viability. This adjustment in holdings underscores a positive outlook from significant shareholders, signaling potential stability and growth.

In conclusion, Phillips 66 presents a compelling case for investors, with recent insider investments and institutional support suggesting positive sentiment. However, operational challenges at the Bayway refinery may pose short-term risks. Investors should note that Aug 19, 2025 is the last day to purchase shares and receive the upcoming dividend; buying shares after this date will not qualify for this specific dividend payout.