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Phillips 66 has announced a higher quarterly dividend of $1.33 per share, a $0.06 increase, payable on December 1, 2026, alongside leadership changes in its refining segment following the planned retirement of executive vice president Rich Harbison. The combination of a larger cash payout and a planned handover to…
Philip Morris just handed shareholders its biggest dividend jump in years, but a $43 billion debt load and a yield compressed by a scorching rally raise real questions about how long this pace can last.
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