Company Website:
http://www.phillips66.com
HOUSTON -- (Business Wire)
The board of directors of Phillips 66 (NYSE: PSX) has declared a
quarterly dividend of 56 cents per share on Phillips 66 common stock,
representing an increase of 12 percent from the prior quarter. The
dividend is payable on June 1, 2015, to shareholders of record as of the
close of business on May 18, 2015.
“This dividend increase demonstrates our ongoing commitment to
shareholder distributions,” said Greg Garland, chairman and CEO of
Phillips 66. “Our focus on disciplined capital allocation allows us to
continue to return value to our shareholders while also significantly
growing our Midstream and Chemicals businesses.”
About Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics company.
With a portfolio of Midstream, Chemicals, Refining, and Marketing and
Specialties businesses, the company processes, transports, stores and
markets fuels and products globally. Phillips 66 Partners, the company's
master limited partnership, is an integral asset in the portfolio.
Headquartered in Houston, the company has 14,000 employees committed to
safety and operating excellence. Phillips 66 had $49 billion in assets
as of March 31, 2015. For more information, visit www.phillips66.com
or follow us on Twitter @Phillips66Co.
Contacts:
Phillips 66
Kevin Mitchell, 832-765-2297 (investors)
kevin.mitchell@p66.com
or
Rosy
Zuklic, 832-765-2297 (investors)
rosy.zuklic@p66.com
or
Dennis
Nuss, 832-765-1850 (media)
dennis.h.nuss@p66.com
Source: Phillips 66
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