Positive
From Yahoo Finance: 2025-06-15 06:00:00
Phillips 66 is a top refining company known for consistently increasing its dividend. J.M. Smucker is currently undervalued. The Global X MLP & Energy Infrastructure ETF invests in America’s energy sector. The S&P 500 has rebounded, though some stocks remain cheap. Phillips 66, J.M. Smucker, and the Global X MLP & Energy Infrastructure ETF are recommended for passive income investors.
Phillips 66 has seen its stock drop due to falling energy prices, presenting a buying opportunity with a 4.3% forward yield. The company has a strong dividend growth history and is focused on reducing refining costs. Recent activist investor activity could drive further dividend growth. J.M. Smucker faces challenges but offers a high-yield dividend and solid free cash flow, making it a good value stock to consider. The company has 29 consecutive years of dividend increases.
The Global X MLP & Energy Infrastructure ETF provides a 4.5% yield and exposure to energy infrastructure companies. These companies have stable income streams and less sensitivity to energy prices. The ETF offers diversification with investments in companies like Kinder Morgan and Cheniere Energy. The fund benefits from a supportive administration and favorable energy prices.