PSX Named A High Socially Accountable Dividend Inventory

HomeETFs

PSX Named A High Socially Accountable Dividend Inventory

Phill


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 3.3% yield, in addition to being acknowledged by distinguished asset managers as being a socially accountable funding, by evaluation of social and environmental standards. Environmental standards embrace concerns just like the environmental influence of the corporate’s services, in addition to the corporate’s effectivity by way of its use of power and sources. Social standards embrace components resembling human rights, youngster labor, company variety, and the corporate’s influence on society — as an illustration, considered can be enterprise actions tied to weapons, playing, tobacco, and alcohol.

In accordance with the ETF Finder at ETF Channel, Phillips 66 is a member of the iShares USA ESG Choose ETF (SUSA), making up 0.34% of the underlying holdings of the fund, which owns $6,246,309 value of PSX shares.

The annualized dividend paid by Phillips 66 is $3.6/share, at the moment paid in quarterly…



nasdaq.com