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Management announced Q4 2021 results on Feb. In addition, over the past decade, the company has written consistently profitable policies. It is an attractive stock to hold during periods of high inflation, as insurance companies often have the pricing power to adjust premiums charged against the soaring cost of claims. The logo for Cincinnati Financial is shown on a cellphone screen.Ĭincinnati Financial is a property and casualty insurance company that also offers leasing and financing services. Passive Income Stocks: Cincinnati Financial Corporation (CINF) Meanwhile, the 12-month median price forecast for Chevron stock is $169.50. Shares are trading at 17.1 times forward earnings and 2.1 times trailing sales. In addition, CVX stock has a track record of 35 consecutive years of annual dividend hikes and generates an attractive 3.42% dividend yield.ħ Healthcare Stocks to Buy for the Long TermĬVX stock has risen 56.4% over the past 12 months.

Passive income stocks free#

Thanks to its low cost of production, the company reported a record free cash flow of $21.1 billion in 2021. Like other energy names, Chevron has benefited from rising oil prices. Cash and equivalents ended the period at $5.64 billion. Adjusted earnings came in at $4.9 billion, or $2.56 per diluted share, up from $298 million a year ago. It offers exposure to the entire oil and gas value chain, including exploration, production, transportation, storage, refining, and marketing.Ĭhevron released Q4 2021 results on Jan. Major oil company Chevron is the second-largest oil and gas company stateside.