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Phillips 66 Q4 Earnings Fall 65%; Boosts Annual Dividend 25%

PSX  

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - January 30, 10:05AM from (www.dividend.com)

Before the bell on Wednesday oil and natural gas producer Phillips 66 (PSX) saw a decline in fourth quarter profits, but adjusted net beat the Wall Street view. The company also approved an increase to its annualized dividend. The Houston, Texas-based company said its fourth quarter profit was $708 million, or $1.11 per share, down ...

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