The board of directors of Phillips 66 has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock, representing a $0.07 increase. The dividend is payable on March 4, 2026, to shareholders of record as of the close of business on Feb. 23, 2026. Phillips 66 price target has been raised to $159 from $146 at Citi, $155 from $151 at TD Cowen, $172 from $160 at UBS, $170 from $159 at BMO Capital, and $147 from $140 at Morgan Stanley. Stay ahead of the market with the latest news and analysis to maximize your portfolio’s potential.

Read more at Yahoo Finance: Phillips 66 raises quarterly dividend to $1.27 per share