Phillips 66 Partners LP ( PSXP ) will begin trading ex-dividend on October 31, 2013. A cash dividend payment of $0.1548 per share is scheduled to be paid on November 13, 2013. Shareholders who purchased PSXP stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $34.35, the dividend yield is .45%.
The previous trading day's last sale of PSXP was $34.35, representing a -4.43% decrease from the 52 week high of $35.94 and a 22.24% increase over the 52 week low of $28.10.
PSXP is a part of the Energy sector, which includes companies such as Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ). Zacks Investment Research reports PSXP's forecasted earnings growth in 2013 as -3.9%, compared to an industry average of -13.3%.
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