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Phillips 66 Message Board

  • newguy7001 newguy7001 Feb 11, 2013 6:36 PM Flag

    I Am Long PSX And Have No Intention Of Selling Anytime Soon, But

    The company sure did a lousy job of communicating the increased dividend payment. Dragged their feet for a very long time on the Ex-date, The stock of record date, and the payment date. Then after finally 'officially announcing' the payment date, they had to correct the stock of record date and although you can back calculate the X-date, it still isn't clearly communicated. Bottom line, someone in corporate communications needs a lesson in communications and an understanding on why the correct dates are important to the shareholders. In the meantime, It is a great company to own!! Good luck longs!

    Sentiment: Strong Buy

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