So, to know how the company raises and lowers dividend yield, you’ve got to do your due diligence. The dividend is not directly linked to share price. And sometimes, when it rises, the dividend will fall. Sometimes, if the stock price rises, the dividend will, too. And that’s great, but don’t buy them only for the dividends. Many of these gas station stocks produce dividends. 7 Chevron CorporationĬhevron gives a dividend yield of 3.4%. They’ve recently been attending investor conferences. Plus, Valero gives a dividend yield of over 4%. ![]() And now, it looks like it’s headed that way again. This gas station stock is a little different that the others. The company is doing that by creating a facility that captures and stores carbon. And recently, Exxon made it clear they want to achieve net-zero emissions. Exxon also has an awesome dividend yield of over 4%. Because these gas station stocks reflect the oil and gas price pattern. And, it’s had some very intense growth these past few months. 9 ExxonMobil Corp.Īlthough this gas station stock has not reached all-time highs, it’s chugging its way up there. The company is using it to help support California’s initiative for climate change. It’s called the Martinez Renewable Fuels Project. And it’s planning to create a project together. Neste is a Finnish company, in the renewable oil and gas industry. This gas station stock headquarters in the U.S. 10 Marathon Petroleum CorpĪlong with some large growth lately, Marathon sports a 3% dividend yield. So, I’ve put together a list of some of the best gas station stocks to do some research on. Especially the gas stations who are selling it to consumers. Which means more profit along the entire supply chain. Because people are buying more gas with better profits. That doesn’t look likely, but it’s possible.Īnd, gas stations are another source of business that enjoy these high prices. ![]() Or, they could top out where they are now. There’s no telling how high prices could go this year. So, that is just one more factor in a long list that are pushing gas up. Which will also contribute to its inflation.Īnd, things are almost back to normal as far as coronavirus goes. Plus, more people are getting out and taking vacations. They’ve hit an all-time high, and are continuing to rise. So, long story short, gas prices are rising. And that can only last for so long before that will drive up cost even higher. imported oil from Russia, that gave prices another huge surge.Īpparently, we are dipping into our own oil reserves to keep ultra-high prices at bay. They have been climbing since before Russia attacked Ukraine. And the driving force behind them are the insane gas prices. It’s no secret that gas station stocks are rising through the roof.
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