When Phillips 66 (NYSE:PSX) releases earnings results for its third quarter on Tuesday, Oct. 29, analysts expect the company to report quarterly earnings at $2.1 per share. That’s down from $4.63 per share in the year-ago period.
Phillips 66 projects to report revenue of $34.75 billion for the recent quarter, down from $40.32 billion a year earlier, according to data from Benzinga Pro.
With the recent buzz around Phillips 66, some investors may be eyeing potential gains from the company's dividends, too. The company currently offers an annual dividend yield of 3.31% — a quarterly dividend of $1.15 per share ($4.60 a year).
Want to earn $500 monthly from Phillips 66? Start with the yearly target of $6,000 ($500 x 12 months).
Next, take that amount and divide ...
