PSXP - Need More Cash Flow And Less Risk? Try These 7% Trades
Looking to create some extra cash flow? Or maybe just enhance your yield on your existing holdings? Combining options selling with dividend stocks has provided us and our DoubleDividendStocks.com service's subscribers with multiple income streams over the past nine years.
This article looks at three related Basic Materials stocks, with two options strategies for each of them.
Conoco Phillips (COP) is the largest of the three, with the lowest yield, at 1.80%, followed by its spinoff, Phillips 66 (PSX), with a 3.44% yield. Both of these firms dwarf Phillips 66 Partners