The invention described herein is a phenolic having a structure represented by formula (I): ##STR00001## wherein n is an integer of 20 to 200, R.sup.1 is an unsaturated hydrocarbon chain, and R.sup.2 is selected from the group consisting of a hydrogen atom and --OCH.sub.2CH.sub.2O(CH.sub.2CH.sub.2O).sub.nCH.sub.2CH.sub.2OH. Also described are methods of preparing the compound, pigment dispersions containing the compound, ink and paint compositions containing the compound and methods related thereto.