The 2017 dividend increase announcement has been made at Phillips 66 (PSX). The next payment will be 11% higher than the previous one. This year's increase is slightly lower than the previous when analyzed as a percentage amount, but equivalent when analyzed as a dollar amount.
My next payment will be 14% higher than my first one nine months earlier thanks to this increase and thanks to dividend reinvestment. While the payments have gone up since June of last year, the value of my shares has gone down slightly in the same time period.
Is Phillips 66 the best place to stop to get a fill-up? This commercial seems to imply that it might be:
http://bit.ly/2pIECUk
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