Phillips 66 Partners LP (PSXP) will begin trading ex-dividend on July 29, 2021. A cash dividend payment of $0.875 per share is scheduled to be paid on August 13, 2021. Shareholders who purchased PSXP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that PSXP has paid the same dividend. At the current stock price of $37.66, the dividend yield is 9.29%.
The previous trading day's last sale of PSXP was $37.66, representing a -10.69% decrease from the 52 week high of $42.17 and a 76.97% increase over the 52 week low of $21.28.
PSXP is a part of the Energy sector, which includes companies such as Exxon Mobil Corporation (XOM) and Royal Dutch Shell PLC (RDS.A). PSXP's current earnings per share, an indicator of a company's profitability, is $2.17. Zacks Investment Research reports PSXP's forecasted earnings growth in 2021 as 1.49%, compared to an industry average of 1.9%.
For more information on the declaration, record and payment dates, visit the PSXP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to PSXP through an Exchange Traded Fund [ETF]?
The following ETF(s) have PSXP as a top-10 holding:
The top-performing ETF of this group is MLPA with an increase of 8.46% over the last 100 days. AMZA has the highest percent weighting of PSXP at 7.06%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
