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Phillips 66 Tops on Dividend Yield but Has High Valuations

Michelle Rey
Phillips 66 Tops on Dividend Yield but Has High Valuations

Phillips 66 (PSX) takes the top slot in the list of seven dividend-yielding refining stocks. PSX has refining, midstream, marketing, and chemical divisions. In the second quarter, PSX made a dividend payment of $0.80 per share.