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Dividends500 tracks the 200 strongest dividends in the S&P 500. To qualify as a strong dividend, the company must meet two simple requirements:- A payout ratio below 50%- An increasing dividend from the prior yearBecause there are more than 200 dividend paying companies in the S&P 500 that meet these requirements, the qualifying companies with the largest dividend yields were chosen. Dividends500 intends to test this FactSet article, which highlights these strong dividend paying companies and their outperformance versus the S&P 500 as a whole (Page 12).http://www.factset.com/websitefiles/PDFs/dividend/dividend_12.16.13If you have questions or see something you think is inaccurate feel free to let me know.
Buffet's in. I'm in. Up 50% in 18 months with more to come.
Div. (Yield) $1.56 (2.0%)Current Yield . . . . . . . 2.76%
Their graphite anode technology is good for years of growth and prosperity.
With crude costs down and record domestic production, this latest incarnation of Phillips 66 should prosper. As a marketer of petroleum and petroleum based chemicals, lower feedstock prices can make a difference. Also, costs are lower here than at the majors and plant is cheap. Plenty of room for divd hikes too in this less capital intensive segment.
Epa ruling should help profits.
PSX threw off nearly $2 BILLION in free cash flow last quarter alone. That equates to just shy of $2 a share in cash in a single quarter!! Pretty impressive.... Their balance sheet is also really strong. $47BB of tangible assets versus $29BB in liabilities. And a small dividend to boot. It's hard to argue with those kind of results....
A near term peak in oil prices should benefit refiners and further oil price declines could result in a sustained rally. A nice way to short oil.
Solid downstream refiner/marketer of petroleum products in US. Low P/E, low debt and a dividend.
in about four days we will know if mgt. can walk the walk. They have done some good things getting ithe product to the refinery. If they could export more gasoline that would put them over. Good dividends, low P/e.
Rising Oil Prices....
Upcoming spinoff should be quite a stock catalyst.
Links to natural gas.
S&P ranks PSX as a 4 star stock:"We believe that current energy fundamentals benefit each of the company's three businesses.""We see PSX's Refining and Marketing segment benefiting from growing North American crude oil production, allowing it to capture feedstock advantages." "We also expect the high oil/gas ratio to continue to drive natural gas liquids (NGL) production, benefiting both its mid-stream and chemicals businesses.""We have a positive view of the company's recent announcement that it intends to form a master limited partnership to house some of its mid-stream assets."
There will be a growing demand for gasoline in both domestic and foreign markets. Phillips 66 not only has several refineries to meet this demand, it is in a position to change over to the relatively inexpensive domestic oil from foreign oil. This change alone should add significant profits.
Refiners have a monopoly on gas production. Due to requlation there is a virtual block to any new refineries or even expansion of existing ones leaving them without competition. Limited production of gasoline keeps prices high and as oil prices come down due to domestic production increases the spread of input costs to output prices increases. These are all money makers and should be added to your porfolio on any dips.
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