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home / news releases / PSXP - Phillips 66 Partners - Near 10% Dividend With Strong Sponsor


PSXP - Phillips 66 Partners - Near 10% Dividend With Strong Sponsor

Phillips 66 Partners (NYSE: PSXP) is a more than $8 billion midstream company offering investors an almost 10% dividend yield. The company has a significant ownership stake from Phillips 66 (NYSE: PSX), a more than $25 billion company and one of the largest downstream companies in the world. As we’ll see throughout this article, the company’s sponsorship, growth, financial strength, and low risks make it a strong investment.

Phillips 66 - Reuters

Phillips 66 Partners Capital Structure

Phillips 66 Partners has a strong capital structure to support the business.

Phillips 66 Structure -

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Stock Information

Company Name: Phillips 66 Partners LP representing limited partner interest in the Partnership
Stock Symbol: PSXP
Market: NYSE
Website: phillips66partners.com

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