PSX Named A High Socially Accountable Dividend Inventory

PSX Named A High Socially Accountable Dividend Inventory

Phillips 66 (Image: PSX) has be

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Phillips 66 (Image: PSX) has been named a High Socially Accountable Dividend Inventory by Dividend Channel, signifying a inventory with above-average ”DividendRank” statistics together with a powerful 4.3% yield, in addition to being acknowledged by outstanding asset managers as being a socially accountable funding, by means of evaluation of social and environmental standards. Environmental standards embody concerns just like the environmental affect of the corporate’s services, in addition to the corporate’s effectivity by way of its use of power and assets. Social standards embody parts reminiscent of human rights, youngster labor, company range, and the corporate’s affect on society — for example, considered could be enterprise actions tied to weapons, playing, tobacco, and alcohol.

In keeping with the ETF Finder at ETF Channel, Phillips 66 is a member of the iShares USA ESG Choose ETF (SUSA), making up 0.19% of the underlying holdings of the fund, which owns $6,147,167 value of PSX shares.

The annualized dividend paid by Phillips 66 is $3.6/share, at the moment paid in quarterly installments, and its most up-to-date dividend ex-date was on 05/21/2021. Beneath is a long-term dividend historical past chart for PSX, which the DividendRank report pressured as being of key significance. Certainly, finding out an organization’s previous dividend historical past may be of excellent assist in judging whether or not the newest dividend is more likely to proceed.


PSX operates within the Oil & Fuel Refining & Advertising sector, amongst corporations like Chevron Company (CVX), and Equinor ASA (EQNR).

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.


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