Phillips 66 Announces Increase in Quarterly Dividend
“The dividend increase reflects the confidence we have in our growing mid-cycle cash flow generation and disciplined approach to capital allocation, including a secure, competitive and growing dividend,” said
“Since our formation in 2012, we have steadily raised our dividend, resulting in a 16% compound annual growth rate. We are well-positioned to continue delivering significant shareholder value through the successful execution of our strategic priorities, including returning
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CAUTIONARY STATEMENT FOR THE PURPOSES OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This news release contains forward-looking statements within the meaning of the federal securities laws. Words such as “believe,” “continue,” “grow,” “intend,” “will,” “would,” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this news release include statements regarding the execution of the Company’s strategic priorities, future cash flow generation and shareholder returns targets are based on management’s current expectations, estimates and projections of the Company’s future results, including future financial and business performance and economic conditions. These statements are not guarantees of future performance and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, forecast or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in such forward-looking statements include the risks and uncertainties set forth in our filings with the
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832-765-2297
jeff.dietert@p66.com
832-765-2297
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thaddeus.f.herrick@p66.com
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