The company's free cash flow payout at 56% (up from 30%) is lower than my desired maximum of 60%. The stock is trading at a discount to my $149.84 calculated fair value. CVX earned one Star in the Fair Value section, earned two Stars in the Dividend Analytical Data section and earned one Star in the Dividend Income vs. MMA section for a total of four Stars. Given CVX's continuing improvement, I will consider adding to my position.
Source: Dividend Growth Stocks
Related Articles:
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.