This morning, Phillips 66 (NYSE:PSX) declared its quarterly dividend of 31.25 cents per share, maintaining the amount paid to shareholders the last quarter. Based on the current stock price, investors can expect a yield of about 2.2% going forward. Shares of PSX were lower on Wednesday, falling 2.5%.
In other dividend news, Gladstone Commercial (NASDAQ:GOOD) maintained its monthly dividend of 12.5 cents per share. Government Properties Income Trust (GOV) maintained its quarterly dividend of 43 cents per share. And PACCAR (NASDAQ:PCAR) maintained its quarterly dividend of 20 cents per share.
Among the increases, Genesis Energy (NYSE:GEL) announced its quarterly distribution of 51 cents per share, an increase of about 3%.
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