Is PSX dividend safe?

Is PSX a good dividend stock?

Phillips 66 (Symbol: PSX) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ”DividendRank” statistics including a strong 4.3% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of …

Is PSX a good investment?

Valuation metrics show that Phillips 66 may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of PSX, demonstrate its potential to outperform the market. It currently has a Growth Score of A.

How do you know if a dividend is safe?

Generally, a company that pays out less than 50% of its earnings in the form of dividends is considered stable, and the company has the potential to raise its earnings over the long term.

What dividend does PSX pay?

Dividend History for Phillips 66 (psx)

Ex-Div. Date Amount Pay. Date
2/14/2020 $0.90 3/2/2020
11/15/2019 $0.90 12/2/2019
5/17/2019 $0.90 6/3/2019
2/15/2019 $0.80 3/1/2019

Is PSX a buy?

Out of 11 analysts, 6 (54.55%) are recommending PSX as a Strong Buy, 1 (9.09%) are recommending PSX as a Buy, 4 (36.36%) are recommending PSX as a Hold, 0 (0%) are recommending PSX as a Sell, and 0 (0%) are recommending PSX as a Strong Sell. What is PSX’s earnings growth forecast for 2021-2023?

THIS IS INTERESTING:  You asked: How do I learn about a company before investing?

How does PSX make money?

Profits come from midstream, chemicals, refining, and marketing & specialties. Good earnings from chemicals and marketing are expected to be augmented with improved refining earnings in the next eighteen months.

Where can I invest 50000 rupees in Pakistan?

Ten small businesses you can start with just 50k in Pakistan

  • Barber Shop: (Investment Required = 30,000 to 50,000) …
  • Photography Services: (Investment Required= 40,000 to 50,000) …
  • Web Development Services: (Investment Required = 15,000 to 30,000) …
  • Home Tuition: (Investment Required = 5000 to 10,000)

Which stock broker is best in Pakistan?

Top Brokerage Firms in Pakistan

  • Akd Securities Limited. It is one of the Top Brokerage Firms in Pakistan. …
  • A.I. Securities (Private) Limited. …
  • IGI Securities Limited. …
  • Arif Habib Limited. …
  • Zafar Securities. …
  • Munir Khanani Securities. …
  • Askari Securities Limited. …
  • Standard Capital Securities.

Which bank is best for investment in Pakistan?

Investment banks in Pakistan:

  • Faysal Bank: The first investment bank on our list is Faysal Bank. …
  • HBL: Habib Bank Limited also provides investment opportunities to its valuable customers. …
  • JS Bank: …
  • Invest Capital Investment Bank Ltd.: …
  • Security Investment Bank Limited (SIB): …
  • Samba Bank:

How can dividends be negative?

Although dividend yields cannot be negative, your total returns may fall into the red when share prices decline significantly. If Stock Y pays out a 1 percent dividend yield, your total return would be negative when Stock Y’s share price falls by more than 1 percent.

Are dividend stocks bad?

Dividend stocks are vulnerable to rising interest rates. As rates rise, dividends become less attractive compared to the risk-free rate of return offered by government securities.

THIS IS INTERESTING:  Your question: What is the rule of 7 in investing?

Can you live off dividends?

Over time, the cash flow generated by those dividend payments can supplement your Social Security and pension income. Perhaps, it can even provide all the money you need to maintain your preretirement lifestyle. It is possible to live off dividends if you do a little planning.